Video | Maximize Your Company’s 401(k) Plan with Specialist Advisory Teams

Managing a 401(k) plan comes with its share of complexities, and plan sponsors often encounter challenges that can affect both the efficiency and compliance of their plans. Personnel changes, record keeper transitions and mergers or acquisitions stand out as particularly disruptive forces. Addressing these issues requires strategic planning and diligent oversight.  Disruptive Forces in 401(k) Plan Management Personnel changes, record keeper transitions and corporate mergers or acquisitions introduce unique challenges for 401(k) plan management. However, with a proactive approach and strategic planning, these challenges can be effectively handled, giving plan sponsors a sense of preparedness and control. Personnel changes can disrupt the…

Welcome to 401(k)ompass, a series of two-minute videos to help you manage your 401(k) more effectively by addressing current issues and challenges. In this episode, Lisa Pettis discusses the frequent challenges plan sponsors face, such as personnel shifts, record keeper changes and mergers or acquisitions. Lisa highlights the importance of strategic planning and clear communication during these transitions to avoid potential liabilities. Discover how to handle these disruptions with professional insights and proven strategies that help keep your 401(k) plan efficient and in compliance. Join us as we explore strategies for optimizing your 401(k) plan for the benefit of your employees and your…