Tag Archives: plan fees

Public Agencies May Need Help “Managing” Their Managed Account Offerings

By Jeff Chang Although financial industry reports reveal that more and more plan sponsors are offering managed account options, it is not clear that public agency 457(b) and 401(a) plan fiduciaries understand their responsibilities to select and monitor these investment … Continue reading

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Does Your Agency’s Plan Have Dormant Accounts That Should Be Paid Out?

By Jeff Chang Quite often, a review of the participant status within an agency’s 401(a) and 457(b) plans will reveal that the plans have a large number of dormant accounts – accounts relating to previously terminated, deceased, or divorced employees … Continue reading

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The “Mechanics” of Combining Your Agency’s Multiple 457(b) Plans

By Jeff Chang Many public agencies have come to sponsor and maintain multiple 457(b) plans, which can unnecessarily increase the compliance burden as well the fees paid by participants. Although the human resource and finance managers who typically oversee these … Continue reading

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Improving Administrative Service Agreements For Public Agency Retirement Plans

By Jeff Chang Although many of our municipal and special district clients have sophisticated contracting and RFP departments, they often do not have balanced and well-negotiated administrative service agreements (ASAs) with their 401(a) and 457(b) recordkeepers. This is due in … Continue reading

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