Scandals in the financial services industry over the past few years have increased 401(k) plan sponsors' interest in conducting a meaningful due diligence. However, most sponsors are overwhelmed by the complexity of the task and end up either putting it off or conducting a cursory review, which is meaningless and a waste of time.
With the help of a knowledgeable retirement advisor, the process can be relatively painless, quick, and result in significant benefits to the company and the plan participants.
Why conduct a due-diligence review?
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