Bates & Company |
Retirement Plan Relationship Manager ERISA Services, Inc. |
Central Pension Fund of the IUOE |
Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc. |
Benefit Associates, Inc. |
DPS Retirement Plan Consultant EPIC Retirement Plan Services |
Nicholas Pension Consultants |
Compass Retirement Consulting Group, Inc. |
United 401(k) Plans, Inc. |
Retirement Plan Legal Specialist Pentegra |
Central Pension Fund of the IUOE |
Carpenter Morse Group |
Nova 401(k) Associates |
Trucker Huss, A Professional Corporation |
Prime Pensions, Inc. |
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Best Practices to Reduce Excessive Fee Risk The CPA Journal ![]() June 30, 2021 "[T]he most common allegations raised against 401(k) plan fiduciaries [include]: [1] Failure to leverage plan profile to reduce fees. [2] Selecting excessive expense fund share classes. [3] Using plan assets to pay excessive recordkeeper compensation. [4] Offering money market funds rather than higher-yield stable value funds. [5] Failing to monitor fund performance and removing imprudent funds at least annually. [6] Failing to engage in a formal request for proposal with plan vendors at least triennially." |
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