June 13 Retirement Plan University

 
From L to R: Maggie Robinson and Melissa Terito with Sentinel, Bill Bush (Horizon), Corey Pride (J.P. Morgan), Andy Bush and Rachel Stewart with Horizon Financial Group

From L to R: Maggie Robinson and Melissa Terito with Sentinel, Bill Bush (Horizon), Corey Pride (J.P. Morgan), Andy Bush and Rachel Stewart with Horizon Financial Group

Horizon Financial Group and Sentinel Pension teamed up with representatives from Columbia Threadneedle, AllianceBernstein, and J.P. Morgan Asset Management for our June session of Retirement Plan University. Russ Regentz from Columbia Threadneedle shared insights on fiduciary risks and liability for plan sponsors, and Andy Bush with Horizon Financial Group shared tips on investment committees for employer sponsored retirement plans. This session was hosted at The Annex at White Star Market.

A few things we covered:

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  • DOCUMENT your PROCESS

  • Fiduciary responsibilities of plan sponsors

  • Selecting the lowest cost option does not negate fiduciary liability.

  • Investment Policy Statement (IPS)

  • Fee disclosure compliance

  • ERISA 404(c) provides a mechanism to shift investment responsibility to participants. What exactly does it entail and who would benefit?

  • Qualified default investment alternatives (QDIA)

  • Automatic enrollment safe harbor

  • What should you expect from your financial advisor on your plan?

  • Investment committee development and sample documents

Contact our team at Sentinel (401k@choosesentinel.com)

if you’d like to learn more or join the mailing list for future events.

Catch us at our next session on September 12!

 
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Carley Cryer