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Choice Overload: Determining How Many Investment Options To Offer
Team SummitEmployee Outcomes, Employer Resource Center, Plan InvestmentsComments are off for this post
Many plan sponsors struggle with deciding how many investment options to offer in their retirement plans. While people generally like to have lots of options when making other decisions, having too many plan options can potentially lead to poor investment decisions by plan participants. In addition, increasing plan options can also increase plan costs, as  Read More →
Summer Homework for Fiduciaries
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
As you bask in the glory of summer over the next couple of months, don’t forget the three Fs that define this cherished season — fun, fireworks, and fiduciary! While you’re enjoying the fruits of summer, don’t forget your fiduciary responsibilities! Ask yourself the following questions to make sure you are on top of your  Read More →
What to Expect When Changing Retirement Plan Providers
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
Changing retirement plan providers can be an arduous task. Not only are there administrative and practical challenges, but there are a number of fiduciary obligations that plan sponsors must follow in order to comply with ERISA. Despite the numerous moving parts, a plan provider conversion can still run smoothly with an experienced advisor by your side,  Read More →

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