Defined Contribution

There is a simple way for plan sponsors to get to the heart of fees. Remember, if a service provider fails to disclose fees, the plan sponsor must fire that service provider, lest that plan sponsor be subject to penalties for non-compliance.

The IRS and the DOL granted temporary relief to plan sponsors following this year's super-storm, but what impact will it have on fiduciary responsibilities in 2013?

Costs for DC plans now total 60 cents per employee per hour, versus 43 cents per employee per hour in DB plans, with unionized workers' costs seven times more than non-union workers.

Sure, fee disclosure regs seem to have gone over like a lead zeppelin, but if the participants actually open them in 2013, you could see some big interest in your expertise.

The DOL is hoping to distribute more than $81,000 in plan assets frozen for more than two years following an embezzlement case in New Jersey.

A committee suggests that current and former state workers be allowed to move into a 401(k)-style plan as an optional alternative to fixed-benefit pensions.