Selecting competent service providers is one of the most important fiduciary duties of a 401(k) plan sponsor – and it can appear daunting at first glance.
Fortunately, this process can be made much simpler by understanding each service that makes up a 401(k) plan and applying appropriate benchmarks to those services to measure their value. Once you've done that, you're ready to pick 401(k) providers based on the value of their services.
Commodity vs. Value-Added Services
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
Already have an account? Sign In Now
© 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.
