Plan documents are the written agreements which describe the terms and conditions of a retirement plan. Let's discuss what's inside.

Fiduciary responsibility refers to the legal and ethical obligation to act in the best interests of another party.

Recordkeeping is the important act of managing all necessary documents for your retirement plan.

Fiduciary liability raises serious questions within companies about not only the quality of employee care but also concerns about what responsibilities fiduciaries outside of the company must meet for their clients.

The interest in 3(16) Fiduciary Services is not slowing down. Yet, these services may not be the best option for every retirement plan. Not all 3(16) fiduciaries offer the same services, and not every plan sponsor needs the same assistance with administrative duties.

Administering a company 401(k) plan comes with its own unique set of challenges and potential errors. As you familiarize yourself with the process, it is common to make a mistake or two. However, these mistakes can result in penalties, liability, and even plan disqualification. While it may sound scary, this is not the end of the road – let's discuss common 401(k) contribution errors and how to correct them. Error #1: Missing Employer Matching Contributions Whether you forgo