Portland Partner Pens Article on Companies’ 401(k) Plan Management in Light of Recent Scrutiny
Publication
11.03.22
In a bylined article published in New Orleans City Business, Stephen Scott provides important considerations for employers in order to uphold their 401(k) fiduciary obligations in light of recent court scrutiny. He explains that companies are free to create a plan using their judgment, but once the plan is established, decisions regarding the operation of the plan are governed by the fiduciary obligation to act in the best interests of the plan participants. He goes on to provide ten critical questions for employers that will aid them in mitigating risks.
To read the article visit New Orleans City Business (subscription required).
