Finding Retirement Plan Service Providers

January 13, 2015 at 12:24 pm Leave a comment

In the latest issue of Benefits Quarterly, an article, ” A Right Way to Find the Retirement Plan Provider” by Todd Timmerman was published where the author sketches out the basic steps of searching for a provider. In addition, he made interesting notes about checking for superior client retention rates and participant satisfaction data (Timmerman, Todd (2014). A Right Way to Find the Retirement Plan Provider. Benefits Quarterly Magazine, 30 (4), 34-37.). Although some providers may not calculate these figures, they are certainly good measures of quality. I was most surprised that the author neglected to discuss qualifications, and the plan sponsor’s duty to contract with competent providers. In addition, I always feel it is critical to ensure you are dealing with ethical providers. That said, I think it was an excellent starting place.

Thanks for reading and have a wonderful day! Please sign up for my blog and follow me on twitter @ChristineGurney. Please follow me on Pinterest at http://www.pinterest.com/chrisgurneyerpa/. Please like my Facebook author page at http://www.facebook.com/ChristineGurneyHsiung. If you have not already done so, please check out purchasing my book at https://www.createspace.com/3964647.

Advertisements

Entry filed under: Ethics, Retirement. Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

IL Secure Choice Savings Program for Retirement Employer Resource Offerings for Participants

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

@ChristineGurney

Enter your email address to follow this blog and receive notifications of new posts by email.

Vote in Today’s US Midterm Elections

I Voted

%d bloggers like this: