Tag: 401(k) committee

Learn how to manage 401(k) committee transitions with best practices for onboarding and knowledge sharing. Support your 401(k) committee’s growth and maintain plan success with these actionable tips for smooth leadership transitions.

Forming a strong 401(k) committee is crucial for managing a compliant, cost-effective, and employee-focused retirement plan. Key tasks include monitoring fees, benchmarking plans against industry standards, and motivating participation through auto-enrollment, auto-escalation, and tailored communication. Partnering with professional advisors enhances plan management, documentation, and legal compliance.