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3 men and 1 woman advisors leaning on railing smiling Certified advisors can assist plan sponsors in selecting reasonable and cost-effective investment options and helping them document the process to satisfy their fiduciary obligations. (Photo: Shutterstock)

With the new year just around the corner, many benefit plan executives will soon be updating and organizing their retirement plan files and looking for better ways to help employees save for the future. Plan sponsors at large companies also will be spending additional time reviewing governance documents, including policies and procedures manuals, investment committee meeting minutes and quarterly reports in preparation for the annual audit as required by the Department of Labor.

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