If your PEO offers a 401(k) plan, your company has significant obligations as a fiduciary in properly managing the plan and protecting your clients’ and their employees’ savings.
Marsh McLennan Agency’s Ann Margaret Donnelly, Senior Sales Executive, Retirement & Wealth Services, contributed an article to PEO Insider about the roles and responsibilities of key service providers you may work with as a fiduciary of a 401(k) plan.
“Collaboration among [various] providers creates a system of checks and balances that helps mitigate risks and ensures regulatory compliance,” writes Ann Margaret.
Read the full article in PEO Insider.