Learning Center
What Are a 401(k) Plan Sponsor’s Fiduciary Responsibilities?
Sponsoring a 401(k) plan brings fiduciary responsibilities under ERISA. Understanding these duties, and building a prudent process to…
What Is the Difference Between a 3(21) and a 3(38) Fiduciary?
Retirement plan sponsors can engage investment professionals in different fiduciary roles. Understanding the difference between 3(21) and 3(38)…
How Should Plan Sponsors Benchmark Retirement Plan Fees?
ERISA requires that retirement plans pay only reasonable fees. Regular benchmarking gives plan sponsors an objective basis for…
What Does an Effective Retirement Plan Investment Committee Do?
A well-run investment committee is central to sound retirement plan governance. Here is how effective committees are structured,…
What Is a Spending Policy for a Foundation or Endowment?
A spending policy guides how much a foundation or endowment distributes each year. It balances today’s mission needs…
What Should a Nonprofit Investment Policy Statement Include?
An investment policy statement is a cornerstone of nonprofit investment governance. It documents objectives, roles, risk tolerance, and…