Mutual Fund Share Classes

Article Lawsuits against retirement plan sponsors and their plan committee members often allege that the fiduciary defendants breached their duties under ERISA by “selecting and retaining imprudent share classes and investments for the plan.” In light of...

Cybersecurity’s Role in Plan Governance

Article Employers that sponsor employee benefit plans (“EBP”) must deal with the danger of using third-party providers. But assessing vendors’ risks and interpreting their severity is challenging because breaches of vendors’ information systems...

RFP Insights for Recordkeeping Services

Article Is your retirement plan committee thinking about doing an RFP for recordkeeping services? This article provides insights into that industry, how it’s evolved, and what to expect in the future. The defined contribution (“DC”) plan recordkeeping industry plays a...

The Unpleasant Reality of Managing Vendors

Article     As sponsors of defined contribution and defined benefit plans, employers are responsible for ensuring that their plans comply with federal law—including the Employee Retirement Income Security Act (“ERISA”) and the Consolidated Appropriations Act...
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