3 Tips to Help Build and Run a Successful Retirement Plan Committee

  • Bjork Group

Bjork Group-Sean Bjork-Successful Plan Committee

If you are looking for ways to improve fiduciary oversight and strengthen your company's retirement plan, a committee is one of the best places to start. A committee is responsible for the fiduciary oversight of your retirement plan by determining plan administration, investment offerings, costs and enhanced features.

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Video: Building Turnover Resistant Benefits

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Bjork Group-Sean Bjork-Turnover Resistant Benefits

If you’ve noticed that recruiting and retaining is becoming more difficult by the day, you’re not alone.
Note that 66% of employees have their foot out the door. Why? 

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Participant Infographic - Cybersecurity: Protect Your Retirement Savings

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Bjork Group-Sean Bjork-Retirement Savings Cybersecurity

With trillions of dollars in America’s retirement savings plans, your employee’s hard-earned savings are not immune to cybercriminals. Hackers are getting smarter every day, and all they need to drain an account is a name, SSN, date of birth, address and social media intel.

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Blog Article 3: Diversity, Equity and Inclusion and its Impact on Retirement Plans

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Bjork Group-Sean Bjork-DEI Impact

Today’s workforce spans a variety of abilities, skills, experiences and cultural backgrounds that bring exceptional value. It is beneficial to understand and recognize these differences to achieve exceptional results. This remains true when offering, communicating and promoting your company’s retirement plan. 

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Plan Sponsor Guide: Guide to Understanding DOL Audits

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Bjork Group-Sean Bjork-Understanding DOL Audits

DOL Audits happen, are you prepared?

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Blog Article 2: Do ESGs Fit Into Our Retirement Plan?

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Bjork Group-Sean Bjork-ESG and Retirement Plans

The value-driven workplace and its implications for retirement plans

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Blog Article 1: How to Prepare for a 401(k) Audit

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Bjork Group-Sean Bjork-401k Audit Preparation

If the term ”audit” makes you uncomfortable, anxious or even scared, you are not alone. Last year, the Department of Labor (DOL) closed 1,122 civil investigations with 754 (67%), resulting in fees, repayments or corrective actions. The agency collected over $3.12 billion in direct payments to plans, participants and beneficiaries. This represents a whopping 300% increase in just five years.  

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Q1 Newsletter: Fiduciary Plan Governance

  • Bjork Group

Bjork Group-Sean Bjork-Fiduciary Governance

The workforce is changing as we know it, and efforts like DEI, sustainable ESG investing and proactive preparation for DOL audits can help employers like you keep up with this transformative period.

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Video: Get to Know Your Retirement Plan Committee

  • Bjork Group

BJORKG~2-2If you think you’re alone in managing your 401(k) plan, think again! A Retirement Plan Committee is a dedicated group that manages investment options, oversees retirement plan administration and provides fiduciary oversight and accountability.

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