Two recent cases highlight the need for plan sponsors and fiduciaries to carefully review the forfeiture provisions in their defined contribution plan documents. These cases involve Nordstrom and HP, and they underscore the importance of ensuring that plan forfeitures are handled in compliance with ERISA. Nordstrom Case Nordstrom faces allegations of
Why You Should Outsource Your Employee Benefit Plan RFP Process to an ERISA Independent Fiduciary Did you know the US Department of Labor requires you to run a Request For Proposal (RFP) for service providers every 3-4 years? There are two main reasons why the DOL wants an RFP for service providers
The Anatomy of a Successful ESOP Deal Not all ESOP transactions are created equally. Join our panel of four leading ESOP advisors and learn about the team, process, and steps necessary to improve deal outcomes and increase the likelihood of a successful transaction. In this one hour session, we'll discuss: