How A Retirement Plan Committee Makes All The Difference.
Given the complexity and the multiple responsibilities associated with running a company retirement plan, Plan Sponsors should not hesitate to admit that the process can be overwhelming. Particularly, if they attempt to tackle it on their own. No matter the type of company or size of plan, building a Retirement Plan Oversight Committee which includes internal representatives who partner with an outside expert, is not only a best practice but a standard protocol recommended.
