Traditional internal control methods for retirement, pension, and health and welfare plans are insufficient in the present business climate. Regulatory, legal, and cyber security events confirm i

    Independent, thorough fiduciary committee assessments are becoming more crucial. Demands on committees are higher than ever as expectations for better retirement outcomes continue to grow. Commi

    Most employee benefit plan committees operate outside the scope and purview of their employers’ cybersecurity leader. Traditional culture improvement efforts focusing exclusively on awareness are

    The mistakes employers make in the administration of 401(k) and 403(b) plans are widespread and involve predictable errors. The first and most common error is employers’ failure to remit employee

    According to Fidelity Investments, nearly one-half of the more than 1,200 retirement plans it surveyed may have new recordkeepers soon. Fidelity reported that the lead executives who manage those

    Many human resources executives find themselves assigned to a committee that manages the investments in employee benefit plans like 401(k), 403(b), and company-funded pension plans. Seldom do HR

Investors face a variety of decision-making risks. For example, registered securities like stocks, mutual funds, exchange-traded funds, and bonds can lose some and even all their value. By the s

    Our guest expert, Daniel Williams, leads the employee benefit plan audit practice for LaPorte CPAs & Business Advisors and is a prominent leader in the public accounting profession on best practic

    Target-date funds (“TDF”) offer a long-term investment strategy based on holding a mix of stocks, bonds, and other investments (this mix is called an asset allocation) that automatically changes o

    A complex financial environment such as the one facing retirement plan committees brings a barrage of investment opinions from external advisors and an influx of inquiries from employees and their