2013 Q4 401(k) and benefits summary via Lockton


For the first time ever, retirement plan fiduciaries were required to receive a government-mandated summary of the fees charged to them by their 401(k) plan providers.


Credit the Department of Labor’s (DOL) Field Assistance Bulletin (FAB) and its subsequent backlash over potential ramifications for self-directed brokerage accounts (SDBAs) for the resurgence of this plan design option as a discussion point in the retirement industry.

COMPANY STOCK IN YOUR 401(K)? Five Steps to Mitigate Risk

There is no way around it, offering company stock in your 401(k) brings increased rick. You open the door to significant audit risk from the US Department of Labor (DOL) who, after the collapse of Enron, scrutinizes 401(k) plans heavily invested in company stock.

Check out the full report: TheKey_2012_Q4

About thebenefitblog

Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
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