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How Good Is Your 401 (k) Plan ?

TedTed
in The Bullpen
FYI: Now’s a good time to figure out whether you have an excellent 401(k) plan or if it’s lacking.

That’s because the Supreme Court ruled last week in favor of workers who sued their plan sponsor and fiduciaries over selecting high-cost investments for their 401(k) and for not monitoring those investments — even though the six-year statute of limitations had passed.

So how might you tell? What standards might you use? Well, the Defined Contribution Institutional Investment Association (DCIIA) released this week, just by coincidence, a white paper that highlights what defined-contribution plan sponsors and fiduciaries could put in place to help participants save enough for a comfortable retirement.

Regards,
Ted
http://www.marketwatch.com/story/how-good-is-your-401k-plan-2015-05-25/print

BrightScope.Com
https://www.brightscope.com/
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