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Four Things 401(k) Plan Sponsors Need to Know About Default Funds
Nevin Adams via LinkedIn Link to more items from this source
Mar. 11, 2015
"[1] A default option doesn't have to be a QDIA.... [2] A QDIA doesn't have to be a target-date fund.... [3] The fiduciary requirements to prudently monitor and select a QDIA are no less than for any other plan investment option -- and they are fiduciary requirements.... [4] Just because a default fund isn't a QDIA doesn't mean it isn't a prudent default choice."

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