The 411 on Employee Benefit Plans

You’ve read all the articles and DOL publications about how to choose a Third Party Administrator (TPA) (see Monitoring your TPA, Selecting a TPA, Duties of Plan Administration, and Fiduciary Responsibilities). You’ve done the research, and you feel like you’ve hired a competent company to administer your plan. And so you just go about your [...]

If you have read any of our blogs, you will notice that we offer extensive advice on what your responsibilities are as a Plan Sponsor. We also discuss what you need to know when selecting a TPA, and how to monitor that TPA’s performance. If you have not read our other posts, please do so [...]

Companies that sponsor 401(k) plans for their employees can sometimes underestimate the responsibilities that they should perform in order to properly monitor the plan and ensure that they are not exposed to claims that they have failed their fiduciary responsibilities. Although a significant amount of the plan administration can be performed by third-party services providers [...]