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The 401(k) and retirement plan industry has changed rapidly over the last five years, largely attributable to advancements in technology. Unfortunately, many plans are really starting to show their age. Know the top 10 red flags indicating that your company's retirement plan is due for an upgrade.
- Are you receiving the administrative support typical in the industry now?
- Guidelines for establishing a retirement plan committee and completing due diligence.
- At-a-glance review of investment options: are they following industry trends?
- At-a-glance review of your plan fees: are they transparent and reasonable?