It's been said that a committee is a group that keeps minutes and loses hours, but they are an essential element in assuring prudent retirement plan operation and administration. In this episode we cover the who, what, how and how much of retirement plan committees - with some best practices and some things to avoid thrown in for good measure.
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Episode Resources:
Retirement Plan Committees (PSCA Survey): https://www.psca.org/research/snapshot-surveys/2021/committees
NYU Excessive Fee Suit Gets Failing Grade https://www.napa-net.org/news-info/daily-news/nyu-excessive-fee-suit-gets-failing-grade
Expert Opinion: https://www.napa-net.org/news-info/daily-news/expert-opinions
