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This might sound like the start of a bad joke, but I had the opportunity to speak with a room full of accountants last week about fiduciary liability. It was not as boring as it sounds because of some really good questions raised about what constitutes sufficient diversification in defined contribution plans.
Specifically, they asked me what a fiduciary is required to offer that would satisfy the obligation to diversify.
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In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
While there has been a lot of state and federal headway in leave expansion, qualifying employees are still facing steep costs.
A financial spreadsheet alone cannot capture the total value and performance of a benefits program, nor can numbers on a ledger guarantee long-term operational success.
The company's Life Event Services team guides colleagues through resources and benefits that make major milestones easier to manage, and has worked on more than 700,000 cases over 12 years.
The health and welfare leader and 2026 Excellence in Benefits honoree is guiding the bank in navigating them all.
