The Top 10 Signs Your 401(k) Plan Is Aging
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.
Learning Objectives:
- 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?
Jeanne J. Sutton
Jeanne is CFP® and a CPFA with Strategic Retirement Partners. She serves as a retirement plan consultant and financial wellness educator for companies across the country. Jeanne’s goal is to simplify advice in an over-complicated, jargon-filled industry. She has been interviewed by national publications including Forbes Magazine, Time Magazine, USA Today, The New York Times, CNBC News, etc. She brings an energy and simplicity to complicated topics and is known for the original content she posts on social media. Topics range from personal finance to employer-sponsored plans. You can find her using the hashtag #401klady. Jeanne’s accessible way of providing virtual advice and engagement is creating a more collaborative platform for financial professionals to support each other and their clients in the digital age. She and her team live in Bowling Green Kentucky, but serve clients across the country.