Retirement Plans

During FY 2018, almost 65% of the 401(k) plans audited by the Employee Benefits Security Administration (EBSA) resulted in monetary recovery to restore plan assets or take other corrective action.¹   Many of these cases were the result of plan sponsor errors that could have been eliminated.  Plan sponsors carry personal fiduciary responsibility and liability that can be reduced by hiring an adviser.  Whether you are implementing a new plan or reviewing a legacy plan, we provide consulting services to help you fulfill your obligations across the entire spectrum of fiduciary duties. 

1. Source: United States Department of Labor Fact Sheet for FY 2018: https://www.dol.gov/sites/default/files/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/ebsa-monetary-results.pdf