Target Date Funds and Fiduciary Risks
Pension plan experts remind plan sponsors that evaluating target date funds is a 401k fiduciary responsibility. Though the majority of 401k plans offer target date funds, many fiduciaries don’t know how they work. With…
Read Moreabout Target Date Funds and Fiduciary Risks
Cybersecurity: Caught Off Guard?
Retirement plans across the country are finding out that the Department of Labor is already working to enforce the cybersecurity guidance that was just issued this spring. Here’s what some plans are experiencing as…
Read Moreabout Cybersecurity: Caught Off Guard?
Infrastructure Winners: $905 Million
24 infrastructure projects across 18 states have been selected by the U.S. Department of Transportation for a total of $905 million in the new round of the Rebuilding America (aka INFRA) grant program. A total…
Read Moreabout Infrastructure Winners: $905 Million
Breaking Ground In NYC Suburbs
Construction has begun on a $53 million affordable housing complex in Westchester County and a $75 million addition to the Hofstra University Campus in Nassau County. With builders digging in, public leaders take pride in…
Read Moreabout Breaking Ground In NYC Suburbs
Texas: $16 Billion Agreement Signed
The final design-build project agreement has been signed for a high-speed railway connecting Dallas and Houston. The $16 billion project now moves to advanced design, with construction expected to begin by early 2022. Speeding Up…
Read Moreabout Texas: $16 Billion Agreement Signed
Adding 330 Million Square Feet!
That’s how much new warehouse space is needed to keep pace with the tremendous rise in e-commerce across the country. Experts predict that new construction—lots of it—will be in demand, as e-commerce is projected to…
Read Moreabout Adding 330 Million Square Feet!
What Don’t You Leave In a Will?
Creating a last will and testament provides most of us with a fairly simple, straightforward and relatively cost-efficient way to leave our affairs in order for our loved ones when we die. However, there are…
Read Moreabout What Don’t You Leave In a Will?
Inadequate ERISA Bond Coverage?
A common and risky compliance issue for retirement plan sponsors is insufficient ERISA fidelity bond coverage. Experts explain some of the consequences, including the risk of being held personally liable for losses. Exposure Risks for…
Read Moreabout Inadequate ERISA Bond Coverage?
Due Diligence with Record-keepers
The consolidation in the record-keeping field makes it extra important for retirement plan sponsors to keep current with oversight and evaluation duties. For example, what do you know about the tech platforms and cybersecurity protocols…
Read Moreabout Due Diligence with Record-keepers