There was a sneak preview of the Dept of Labor’s preliminary guidance on setting up 401k default investment options. These situations occur when 401k participants fail to select an investment option for their 401k contributions or a 401k default fund is used in 401k plans with automatic enrollment features.
Currently, 401k plan sponsors are rethinking their [...]
Posts Tagged ‘Erisa’
One Less Furrowed Brow For 401k Plan Sponsors
Posted by admin on April 30th, 2010
Posted in 401k Retirement Plan
Tags: 401k Contributions, 401k Plans, Automatic Enrollment, Default Fund, Dept Of Labor, Erisa, Fiduciary Responsibility, Furrowed Brow, Internal Revenue Code, Internal Revenue Code Section, Investment Decisions, Investment Option, Investment Options, Money Market Fund, Participant, Plan Fiduciaries, Plan Sponsors, Safe Harbor, Sneak Preview, Stable Value
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