Article by Joshua Sutin on "Top 5 Challenges Too Many 401k Plan Sponsors Aren’t Aware of"
In an article published on Dec. 4, 2018 on Fiduciary News, shareholder Joshua Sutin discusses the importance of understanding the extent of legal liability that 401k plan sponsors hold. Plan sponsors are responsible for staying up-to-date on regulatory and compliance changes and ensuring legal compliance. Sutin states, “plan sponsors have plan administration or fiduciary duties that they may be unintentionally violating by not being aware of all the small changes happening in the law. This can lead to potential liability that can be severe.”
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