Outsourcing the day-to-day administrative needs of a defined benefit pension plan can take a huge load off a plan sponsor’s HR staff — and that’s just the tip of the iceberg. In today’s competitive market, top-shelf providers often go the extra mile to elevate the participant experience, improve plan compliance and provide strategic guidance to plan sponsors. Are you getting the most from your outsourcer? Here are six things to check the next time you look under the hood of your relationship.
Does your DB admin outsourcer…
