Corporate retirement plans have become more scrutinized as companies face lawsuits, penalties, and reputation risks related to 401(k) and 403(b) plan mismanagement. Abernathy-Daley’s primary research indicates that nearly 80% of mid-to-large-sized companies are overpaying for plan administrative fees due to the lack of regular benchmarking. Without independent audits, employers may overspend and risk non-compliance with […]
The post Are You Overpaying for Your Company’s 401(k) Plan? Why Regular Benchmarking is an Essential Fiduciary Responsibility appeared first on TalentCulture.

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