Did You See That? Benchmarking in 401(k) Plans Video
Benchmarking your 401(k) plan is the process of evaluating if the services provided to the plan, its investment and management fees, are competitive with other plans, services, and investments of a similar size or type. It’s prudent for plan sponsors and fiduciaries to benchmark fees and services periodically, maybe annually, against industry standards, including advisory, recordkeeping, and investment fees. Compare...