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Executive Compensation

Building a Successful Retirement Plan - Part 3:  The Investments

Building a Successful Retirement Plan - Part 3: The Investments

A plan’s investment lineup can have a dramatic impact not only on the cost of a plan, but can influence retirement outcomes.  Failure to manage fund selection and fund expenses can not only lead to poor performance, but can sometimes create a rift, or even legal issues between plan sponsor and participants.  Just like plan management, the investment choices within a retirement program cannot be ignored, but must be managed and updated over time.  Plan sponsors cannot assume that if nobody is complaining everything must be okay. 

Building a Successful Retirement Plan - Part 2: Plan Design & Plan Management

Building a Successful Retirement Plan - Part 2: Plan Design & Plan Management

Before we can talk about retirement readiness, executive compensation, recruiting and retaining employees, your plan must meet all the required regulations and strive to implement best practices in the areas of recordkeeping, administration and plan design.  Additionally, your plan must be designed to accomplish the goals for your organization.  Your purpose for your plan will determine the features and options that are established in your plan document for the benefit of your participants.

Is Your 401k Successful?

Is Your 401k Successful?

In our first meeting with potential 401k clients we always ask this question and often get answers ranging from blank stares to “I’m not sure what you mean”.  In the small to mid-sized employer market this question can be tough, often because the 401k is handled by someone with another job, be it a CFO, Controller, HR person, Owner, etc.  Not having a great answer is understandable because the 401k is not something you think about that often.  You already have a day job, and “success” can mean many things, but here are a couple of things that are important to every 401k program.

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