| | Benefits & Administration | | A New Fee Challenge for Plan Sponsors: Levelization | | Plan sponsors, as a whole, are unaware that participants pay disparate fees, and service providers, particularly recordkeepers that receive revenue-sharing payments, are not going to address it, experts say. It is incumbent on sponsors, then, to ask their plan advisers and recordkeepers about fee levelization. It is also a fiduciary responsibility that has largely escaped sponsors’ attention, notes Fred Reish, a partner with Drinker Biddle & Reath.Read more > | | Boosting Wellness Programs in the New Year | | Most companies implementing a fitness initiative in the new year started planning back in November, says Mike Tinney, founder and chief executive of the game-based wellness company Fitness Interactive Experience, but that doesn’t mean it’s too late. January is still a great time to harness that new year’s resolutions energy. The key is to keep it simple.Read more > |
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