about

Plan sponsors have fiduciary responsibility to ensure that their company retirement plans are designed and administered appropriately. From maintaining plan documents, to selecting service providers to selecting and monitoring plan investments, there are a significant number of legislative and regulatory duties that the sponsor has to keep in mind.

To help plan sponsors perform all of these duties, PLANSPONSOR has created a virtual mini conference to address key topics in four sessions on November 10. Plan sponsors can learn:

  • What the Employee Retirement Income Security Act (ERISA) requires of them;
  • How to best manage their retirement plan committee/s;
  • What to expect from service providers; and
  • How to benchmark investments and fees

For plan sponsors—whether you are new in the role or have been working with retirement plans for years—the virtual PLANSPONSOR Best Practices Conference will help you understand, and keep an eye on, your fiduciary responsibilities. For retirement plan advisers, the conference is a way to learn how best to educate and help your plan sponsor clients stay confidently legally compliant.

agenda

Please note that all times below are listed in EDT (UTC−04:00).

2021 PLANSPONSOR Best Practices

  1. 10:30 am – 11:20 am

    Understanding ERISA and Fiduciary Fundamentals

    The Employee Retirement Income Security Act (ERISA) has been the “guidebook” for retirement plan fiduciaries since 1974, and subsequent legislation has amended or added to its rules. Listen as experts discuss requirements for maintaining plan documents and operating a plan according to its terms. They also discuss what should be reported—and by what means—to participants and regulators, as well as how sponsors can ensure they adhere to the fiduciary duties of prudence and loyalty.

    Moderator
    Rebecca Moore, Managing Editor, PLANSPONSOR digital

    Panelist
    W. Michael Montgomery, Senior Vice President, OneDigital
    Bradford Campbell, Partner, Faegre Drinker

  2. 11:20 am – 11:40 am

    Break

  3. 11:40 am – 12:30 pm

    Managing Your Investment and Retirement Plan Committees

    Should you have two committees—one for investments and the other for plan administration? Who should be on the committee/s? How often should they meet, and what should meetings address? Panelists will answer these questions, plus discuss recommended practices for committee member training and documentation of meetings.
    Moderator
    John Manganaro, Managing Editor, PLANADVISER digital

    Panelist
    Kevin Skow, Vice President, Retirement Plan Consultant Regional Director, Francis Investment Counsel

  4. 12:30 pm – 2:20 pm

    Lunch

  5. 2:20 pm – 3:10 pm

    Outsourcing and What You Can Expect From Service Providers

    Though plan sponsors have ultimate responsibility for the compliance of their plan, the recordkeeper and other service providers can decrease the burden. However, selecting a provider is itself the plan sponsor’s fiduciary responsibility. In this session, sources will discuss the types of outsourcing available to plan sponsors—3(16) administrators, 3(21) investment advisers, 3(38) investment managers and pooled employer plans (PEPs)—as well as what can be expected from each.
    Moderator
    Rebecca Moore, Managing Editor, PLANSPONSOR digital

    Panelist
    Spencer Goldstein, Principal and Chief Investment Officer (CIO), StoneStreet Equity
    Joan Neri, Counsel, Faegre Drinker

  6. 3:10 pm – 3:30 pm

    Break

  7. 3:30 pm – 4:20 pm

    Benchmarking Investments and Fees

    ERISA requires that plan sponsors do what is in the best interest of participants and ensure that fees are reasonable for the investments and services provided to the plan. Learn about the mechanics of benchmarking plan investments and fees, what to look for when benchmarking, and when to get help.

    Moderator
    Alison Cooke Mintzer, Managing Director
    Head, ISS Media

    Panelist
    Jon Chambers, Managing Director, SageView Advisory Group

speakers

  • Bradford Campbell

    Bradford Campbell

    Partner
    Faegre Drinker
    Bradford Campbell
    Partner
    Faegre Drinker

    Bradford Campbell is a nationally recognized figure in employer-sponsored retirement plans who leverages his prior experience as the U.S. Assistant Secretary of Labor for Employee Benefits to advise clients across a broad range of issues related to the Employee Retirement Income Security Act (ERISA). As ERISA’s former “top cop” and primary regulator, Campbell has detailed and wide-ranging knowledge of the structure and operation of ERISA plans, and he applies that insight to client engagements.

  • Jon Chambers

    Jon Chambers

    Managing Director
    SageView Advisory Group
    Jon Chambers
    Managing Director
    SageView Advisory Group

    Jon Chambers has over 30 years of retirement plan industry experience. He specializes in the analysis, design and implementation of retirement plan investment programs, helps plan sponsors implement successful plan administrative structures, and assists with fiduciary compliance. He was named as one of the 2020 Financial Times 401 Top Retirement Advisors.
    Chambers is a nationally recognized expert on 401(k) fees. He has met with officials from the SEC, the GAO and the DOL to discuss regulations relating to 401(k) fee disclosure. He testified before the House Committee on Education and Labor on this issue.
    Chambers graduated from the University of California, Berkeley with departmental and college honors. He is a member and past president of the San Francisco Chapter of the Western Pension & Benefits Council and a member of the National Association of Plan Advisors. Chambers holds the Certified Plan Financial Advisor designation.

  • Spencer Goldstein

    Spencer Goldstein

    Principal and Chief Investment Officer (CIO)
    StoneStreet Equity
    Spencer Goldstein
    Principal and Chief Investment Officer (CIO)
    StoneStreet Equity

    Spencer Goldstein has over 17 years of experience in the financial services industry, and oversees StoneStreet Equity’s investment management capabilities and business development initiatives.  Prior to joining StoneStreet Equity in 2011, he was an analyst, trader and portfolio manager, specializing in energy equities and commodities. He holds a Series 66 registration, and is a CFA Charterholder. Goldstein earned his Master of Finance and BS in Management from Tulane University’s A.B. Freeman School of Business in New Orleans.

  • W. Michael Montgomery

    W. Michael Montgomery

    Senior Vice President
    OneDigital
    W. Michael Montgomery
    Senior Vice President
    OneDigital

    Michael Montgomery has over four decades of experience in the retirement plan field, founding Montgomery Retirement Plan Advisors in 2004 after achieving success as a pension specialist or regional manager for several leading retirement plan recordkeepers.  In 2014 he co-founded Fidelis Fiduciary Management to offer interactive ERISA 3(38) fiduciary services that support other financial advisors

    Mike believes in making a positive contribution to industry best practices and has been a frequent writer and conference speaker on fiduciary issues.  He and his team have been recognized by NAPA, Fi360, Financial Times, PlanAdviser, and 401kWire for their commitment to retirement plan best practices and thought leadership.

    His firm became one of the earlier advisory firms to be CEFEX certified by the Centre for Fiduciary Excellence as a fiduciary advisor to defined contribution plans, including specific certification for ERISA 3(38) services and non-ERISA fiduciary practices for governmental entities.

  • Joan Neri

    Joan Neri

    Councel
    Faegre Drinker
    Joan Neri
    Councel
    Faegre Drinker

    Joan Neri provides counsel to employer plan sponsors and plan service providers in fulfilling their obligations under the Employee Retirement Income Security Act (ERISA) and complying with the Internal Revenue Code rules governing employee benefit plans. Neri advises on ERISA fiduciary status and responsibilities, avoidance of prohibited transactions, the considerations associated with structuring, developing and offering investment products and services to ERISA plans, and day-to-day plan operational and compliance issues.

  • Kevin Skow

    Kevin Skow

    Vice President, Retirement Plan Consultant Regional Director
    Francis Investment Counsel
    Kevin Skow
    Vice President, Retirement Plan Consultant Regional Director
    Francis Investment Counsel

    Skow serves as the firm’s plan design, administration, and operational consultant. He co-leads Francis Investment Counsel’s Minnesota division located in the Twin Cities and has over 20 years of retirement plan recordkeeping and consulting experience. Prior to joining Francis, Skow was a partner and senior consultant for a large international consulting, actuarial, and employee benefits firm. He has his B.A. in Communications from Marquette University and is a credentialed member of the American Society of Pension Professionals & Actuaries (ASPPA).