What To Do When Your Retirement Vendor Is Sold

As a plan sponsor, when your record keeper changes, you have a fiduciary obligation to research how it affects both your organization and your participants. While this may be a good move for your plan, accepting an automatic conversion remains a fiduciary decision. Plan sponsors should initiate a process to determine whether the change is best for plan participants and beneficiaries, or if an alternative solution would be better.

 

Enter Your Name and Email To Take Advantage of This FREE Resource.

Contact Us Now To Get Your Business Covered