Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Staff Accountant 2

BPAS
(Huntingdon Valley PA / Hybrid)

BPAS logo

3(16) Retirement Plan & Customer Liaison

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Retirement Plan Administrator (Part-Time)

Accelefund, Inc.
(Remote / Lenexa KS)

Accelefund, Inc. logo

Consultant / Account Manager

Spectrum Pension Consultants (part of Daybright Financial)
(Remote / Tacoma WA / CA / OH)

Spectrum Pension Consultants (part of Daybright Financial) logo

Participant Services & Operations Coordinator

Pentegra
(Remote)

Pentegra logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Reducing the Risk of an Excessive Fee Lawsuit: Plan Committee Checklist
Euclid Specialty Managers Link to more items from this source
Aug. 12, 2021

"The best defense is to reduce your chance of being targeted by: [1] offering only the lowest-cost institutional share class investments; [2] offering primarily index investment options, particularly for the target-date suite; [3] requiring the plan sponsor to pay all recordkeeping fees, or ensuring that plan recordkeeping fees are on a low, flat, per-participant structure that does not increase as plan assets grow; and [4] requiring a full RFP on a regular basis, but at least once every three years."

MORE >>

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).