(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
May 19th, 2015

Optimizing Retirement Plan Committee Decisions

When it comes to evaluating their plan committee’s effectiveness, Employee Retirement Income Security Act (ERISA) plan sponsors need to form their own decisions about best practices.Read more >

DOL Extends Fiduciary Rule Comment Period

The comment period for the fiduciary investment advice proposal is being stretched out for another 15 days, the Department of Labor (DOL) said in a statement.Read more >

SageView Adds Consultant in the Northeast

SageView Advisory Group has hired Kerrie Casey, who has 19 years of experience delivering retirement plan consulting services to corporate and not-for-profit plan sponsors.Read more >

DCIIA Paper Outlines Plan Success Factors

The Defined Contribution Institutional Investment Association (DCIIA) has developed a best practices framework to outline actions that defined contribution (DC) plan sponsors and fiduciaries can take to build plans that have the greatest potential to help participants achieve retirement readiness.Read more >

ICMA-RC Provides Advice Services to Retirees

ICMA-RC, a retirement plan provider for public-sector employees, is expanding its Guided Pathways advisory program to retirees.Read more >

Difference Between 403(b) and 401(k) Vendor Contracts

“I am a benefits manager who recently became employed at a large nonprofit after having been in the corporate world. One of my first responsibilities was to review our existing vendor contracts. Much to my surprise when it came time to review our Employee Retirement Income Security Act (ERISA) 403(b) plan, our vendor indicated that such contracts didn’t exist! They indicated that they have contracts with the plan participants, but not the employer. Could this be possible? For my prior employer’s 401(k) plan, we had a trust agreement, recordkeeping agreement, and service agreement. It strikes me as odd that a 403(b) plan would have none of those things. Am I being unreasonable in my expectations?”Read more >
Groom Law Group and Cammack Retirement Group will field your questions concerning 403(b) plans and regulations. Email rebecca.moore@strategic-i.com with Subject Ask the Experts

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

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