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Managing Retirement Plan Fees and Expenses

July 7, 2014 by The Insurance 411Leave a Comment

ERISA and Fees

Fees and expenses can have a substantial effect on your employees’ retirement savings. This makes understanding and evaluating the fees and expenses associated with retirement plans are an important part of a fiduciary’s responsibility. Why Consider Fees? A variety of plan fees and expenses may affect your organization’s retirement plan. These fees and other expenses...
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Filed Under: Employee Benefits   •  Most Popular   •  Retirement Plans

Are You Losing Abandoned Retirement Funds to Escheat?

July 6, 2014 by The Insurance 411Leave a Comment

Abandoned Retirement Funds

Every year, thousands of people disappear into thin air, at least as far as their former employers are concerned. This can create problems for retirement plan sponsors. If an employee leaves after vesting but before the plan’s retirement age, benefits generally stay with the plan until the employee claims them at retirement. Several situations could...
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Filed Under: Employee Benefits   •  Retirement Plans

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