Benefits Think The DOL Audit: Understanding the spectrum of risk
Jason Grantz, AIFA, QPA, is the director of institutional retirement consulting at Unified Trust Company, based in Lexington, KY.
Jason Grantz, AIFA, QPA, is the director of institutional retirement consulting at Unified Trust Company, based in Lexington, KY.
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For smaller organizations without dedicated human resources staff, routine tasks can mask bigger risks tied to employee disputes, benefits administration, and compliance requirements.
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.
A pensions specialist explains why fiduciary responsibility extends beyond investment oversight and how proper safeguards serve as a critical layer of protection.
Replacing legacy brokerages with a fiduciary model will secure the data environment so that a thorough investigation of the plan's performance can begin.
What larger retirement plan sponsors stand to gain and give up in a pooled employer plan created under the SECURE Act of 2019.