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'How-To' Guidelines to Follow When Creating 401(k) Plan Benchmarks
Fiduciary News; registration may be required Link to more items from this source
Jan. 27, 2015
"[For] all the talk of benchmarking, no 'benchmark' for benchmarking actually exists.... Regulators treating benchmarks as a fungible concept appears more appropriate than one might guess. Between changes in technology, new revelations from academic research, and even evolving court cases, the target benchmark can move considerably. Perhaps the best example here occurs in the realm of fees. What's acceptable today can get you in trouble tomorrow, so caveat emptor is more than just a quaint Latin cliche, it's a stark warning to 401k plan sponsors."

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