Welcome to the latest edition of our Plan Sponsor Newsletter. Fiducient Advisors is committed to providing relevant updates, insights and strategies to help you manage your retirement plans effectively. In this issue, please find valuable information on fee benchmarking, the evolution of QDIAs, the potential benefits of cash balance plans and a recent webcast discussing market volatility.
Navigating Fee Benchmarking in a Litigious Era
In today’s litigious environment, sponsors of 401(k) and 403(b) plans face increased scrutiny regarding the fees associated with their retirement plans. Ensuring fees are reasonable is not only a fiduciary duty under the Employee Retirement Income Security Act (ERISA), but also a safeguard against potential lawsuits alleging excessive fees. Recent legal actions highlight the importance of diligent fee benchmarking and… Read More >
The Evolution of Qualified Default Investment Alternatives: Key Developments and Trends in 2024
Global retirement assets (pension & defined contribution) reached an estimated record high of $58.5 trillion in 2024, including $26 trillion of defined contribution assets in the United States.1 Target date solutions continue to be preferred by an overwhelming majority of Plan Sponsors, serving as both the most common default offering and the largest recipient of participant cash flows in investment menus. Target date funds are the QDIA in 98% of plans, according to Vanguard’s How America Saves 2024 report, a figure that has… Read More
1Global pensions assets climb to record USD 58.5 trillion – Thinking Ahead Institute
