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Market volatility in recent months has left many retirement plan participants scrutinizing their 401(k) account balances, particularly as economic conditions trigger layoffs and force employers to suspend matching and nonelective contributions. At the same time, recent years have seen an increase in 401(k) plan litigation related to plan investments, fees, and recordkeeping practices. In uncertain times, a few simple actions can improve fiduciary processes and reduce your plan's litigation risk.
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