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Staying Ahead of the Curve in 2013 - What every US 401(k) plan sponsor needs to know

Topic:
Staying Ahead of the Curve in 2013 - What every US 401(k) plan sponsor needs to know
Date:
February 25, 2013 at 2:30 - 3:30 PM ET
Presenters:
Michael Kozemchak, Managing Director(Institutional Investment Consulting)
webcastImgVirtual
Description
US Defined Contribution (401k) Plans

Staying Ahead of the Curve in 2013 - What every US 401(k) plan sponsor needs to know, including:

Forces moving sponsors to benchmark, conduct targeted renegotiations with their current providers, or conduct a service provider RFP

• The aftermath of market turmoil, provider consolidation, regulatory initiatives.
• The recent settlement of 401(k) litigation
• 401(k) fee compression

Recent developments in the legal and regulatory environment

• Update on plans' compliance with fee disclosure requirements
• Upcoming guidance on the definition of fiduciary ”
• IRS pronouncements on annuity distributions
• Update on excessive fee and stock drop litigation and review of best practices for fiduciaries
• Review of developments affecting target-date retirement funds
• Trends — Washington Update on Retirement Savings Initiatives

Benchmark Studies and Provider Searches

• Fact and fiction regarding benchmark studies and provider searches.
• Pros and cons of a provider search for a total bundled provider versus separate searches for each plan.
• Benchmarking fees, services, plan provisions, and the providers' performance in comparison with marketplace and versus the needs of your plan participants.
• Required preparation for a benchmark study/provider search.
• Overview of the most common process used today.
• Our results —including highlights from actual benchmark studies / provider searches completed in 2012.

Plan Architecture / Plan Design

• A look at how plan sponsors have designed plan expense allocation
• Expense allocation methodology, per capita or pro rata and the unequal distribution of plan expenses
• Overview of trends in deriving revenue to pay plan expenses, including investment related revenue sharing or line item participant fees.
• Act 40 investment options vs. collective trust or separate account options
Who Should Participate
Participants will include retirement plan committee members, compensation & benefits, human resource, treasury & finance, and general councel
What You Will Learn
Participants will learn what requirements are placed on plan sponsors in maintaining a cost competitive defined contribution plan. You will learn what type of project will deliver outcomes needed to satisfy your fiduciary duty. Finally, you will learn how to implement plan design and architecture changes that both satisfy regulatory requirements and enhance the plan participant experience.
Recommended Resources
Selecting Plan Providers: Satisfying ERISA's Fiduciary Requirements Using Plansponsor Pathfinder A white paper by Fred Reish Esq. and Bruce Ashton Esq
Communities
Benefits
Compensation
Human Resources Management
HR Administration
Executive compensation
Retirement Benefits
401(k)
Health and Wellness
Plan Options
Benefits - Cost Containment, Audits and Legal Risks
Presented by
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Michael Kozemchak
Institutional Investment Consulting

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Event Sponsors
Institutional Investment Consulting
IIC is a national, objective, single-source provider of institutional investment consulting services. We possess the ability to assist small, mid size & large companies with every aspect of institutional investing.
File List
Feedback
Name Comment Rating
5 / 5
Excellent Presentation
Image of Shelley Skufca Shelley Skufca
Ferro Corporation
3 / 5
Good Presentation
Image of Julia Tsai Julia Tsai
Visa International
5 / 5
Excellent Presentation
Image of Amy Fielding Amy Fielding
Mondelez International
4 / 5
Very Good Presentation
Image of Jocelyn Ursin, PHR Jocelyn Ursin, PHR
Bethesda Lutheran Communities
5 / 5
Excellent Presentation
Image of Arnola Stueck Arnola Stueck
Shefsky & Froelich Ltd.
3 / 5
Good Presentation
Image of Gloria Yanez-Chamberland Gloria Yanez-Chamberl and
Larry H. Miller Group
4 / 5
Very Good Presentation
Image of Eric Dixon Eric Dixon
Metalsa S De Rl
4 / 5
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Image of Scott Maxwell Scott Maxwell
CenturyLink
4 / 5
Very Good Presentation
Image of Diana Champagne Diana Champagne
Priceline Com
3 / 5
Good Presentation
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Temperature Systems
3 / 5
Good Presentation
4 / 5
Very Good Presentation
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Pro Ag Management
4 / 5
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PackSmart, Inc.
3 / 5
Good Presentation
Image of Nicole Yong Nicole Yong
Liberty Mutual Group
3 / 5
Good Presentation
Image of TJ Fjelseth TJ Fjelseth
Blue Cross of NE Pennsylvania
5 / 5
Excellent Presentation
Image of Tom Kotz Tom Kotz
Kotz-Buser Retirement Services, Inc.
3 / 5
Good Presentation
Image of Pam Adams Pam Adams
Boise Inc.
4 / 5
Very Good Presentation
Image of Mark Avallone Mark Avallone
HR Management Association of Chicago
4 / 5
Very Good Presentation
5 / 5
Excellent Presentation
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of Jodee Christie Jodee Christie
Bemis Company Inc
4 / 5
Very Good Presentation
Image of Kay Creighton Kay Creighton
Freeport-McMoRan Copper & Gold
3 / 5
Good Presentation
5 / 5
Excellent Presentation
Image of Jean Campbell Jean Campbell
MEIJER INC
4 / 5
Very Good Presentation
Image of Michelle Ortiz Michelle Ortiz
The Options Clearing Corporation
3 / 5
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Connected Logistics
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of Stacey Riden, PHR Stacey Riden, PHR
Microvision Inc.
4 / 5
Very Good Presentation
Image of Julie Booth Julie Booth
WorleyParsons
4 / 5
Very Good Presentation
Image of Kari Steele Kari Steele
Ace Parking Management, Inc.
5 / 5
Excellent Presentation
Image of Racquel Dirden Racquel Dirden
Edw. C. Levy Co.
5 / 5
Excellent Presentation
4 / 5
Very Good Presentation
Image of Leslie Thomas Leslie Thomas
Process Technology
Almost too much information to cover in 50 minutes. Glad they provided the slides in a downloadable format. 4 / 5
Very Good Presentation
Image of Michele Gruber Michele Gruber
General Electric Company Inc
Great info and happy to recieve the HRCI credit. I always like to keep learning but especially valuable when it's timely to things I'm dealing with at the time. Thank you! 5 / 5
Excellent Presentation
Image of Kenneth Betuker Kenneth Betuker
Daymon Worldwide Inc
I was not able to download the slides. Got a message that the web page didn't exist. Slides from the atty were good. After that they were useless and more of a distraction than a help. 3 / 5
Good Presentation
Image of Adrienne Crawford Hooper Adrienne Crawford Hooper
Royal Oak Industries, Inc
I would like to have the chance to replay this presentation again to understand more of it the second time. 4 / 5
Very Good Presentation
It was a little high level. 3 / 5
Good Presentation
Image of Anita Warnke Anita Warnke
SDS Architects, Inc
5 / 5
Excellent Presentation
Image of John Ritchie John Ritchie
Oak Park Place (Madison, WI)
Why does the conference website knock you off because of inactivity when you are participating in a webinar? 5 / 5
Excellent Presentation
Would like to get the slides pertaining to this presentation 4 / 5
Very Good Presentation
Image of Miriam Berger Miriam Berger
A Hire Authority

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