As the end of the year approaches, it's a great time for retirement plan sponsors to take a hard look at what they offer.

Ary Rosenbaum, an attorney with The Rosenbaum Law Firm P.C. in Garden City, N.Y., says that means reviewing plan expenses, gathering data for compliance reviews, reviewing plan providers and making sure plan insurance and employer contributions are where they need to be.

This is the time to make changes to your current plan. He recommends these six steps.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.