A recent article from Employee Benefit News described some of the services that Plan sponsors should expect to receive from their 401(k) investment advisor as their annual review approaches.


Those services include:

  • Review investment option performance
  • Provide new investment options-  Your advisor should provide information to aid management’s decisions on selecting replacement investments for poorly performing options
  • Review the Investment Policy Statement – The advisor should help to keep a Plan’s IPS compliant with 404(c) requirements
  • Help with employee education
  • Help evaluate plan fees

Does your Plan’s investment advisor provide these services?