NFP Challenge Monitoring Plan Fees
As recent lawsuits have highlighted, plan sponsors must follow a prudent process for the selection, monitoring and replacement of plan investments and fees. The same now applies for not-for-profit organizations. Many plan sponsors need to quickly get a handle on benchmarking their plans. If they do not perform those duties, they run the risk of expensive lawsuits and damages. This information may seem intimidating, but developing a prudent process for monitoring fees is not as difficult as it may seem.
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