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BPP401k Newsletter 6.26.19

Smaller 401(k) Plans Have A Lot More Problems Than Larger Plans


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Common sense would make you think that larger 401(k) plans would have larger problems than smaller plans. Sometimes common sense and reality are mutually exclusive. Thanks to the quirks of the retirement plan business and how it prices products and services, it’s the smaller plans that will have larger problems in terms of compliance and cost. This article is all about letting small 401(k) plan sponsors learn why they can’t ignore their role as a plan fiduciary, especially if they have a small 401(k) plan. Source: jdsupra.com


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