Compass
|
Bates & Company, Inc.
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Regional Vice President of Sales The Retirement Plan Company
|
Loan & Distribution Specialist AimPoint Pension
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
ERISA Fiduciary Guidance: Fairness for Defined Contribution Fees
Bond, Schoeneck & King June 24, 2014
"Paying plan administrative costs with asset-based fees presents issues of fairness and can be problematic if not followed carefully over time ... Suggestions include capping asset-based fees at a dollar amount per participant, or agreeing on a flat administrative cost per year.... individual account plan service agreements and fee structures should not be once-negotiated and left on auto-pilot."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |