“What do plan sponsors need to know in 2012?”
Presented by: Chris Cubbage, Principal & Joe Burt, Pension Plan Specialists
Date: Wednesday, April 25, 2012
Time: 8:30 a.m. – 10:00 a.m.
Location: Xenium HR – 7401 SW Washo Court, Suite 200 Tualatin, OR 97062
How to Register: Go to www.xeniumhr.com/events
Beginning July 1, 2012 employers will be required to fully disclose to employees all fees associated with their given 401k plan. This requirement will be an eye opening experience for employers who often times are not sure what all they are paying for their 401k.
Many 401k plans are loaded with various types of fees, and uncovering the true costs has always been a very difficult task for anyone who has attempted, but beginning July 1, 2012 it will be much easier.
High fees associated with 401k plans have been eroding investors’ returns for a long time. Hopefully these new disclosures will result in better informed employers and employees who will be more inclined to look into cheaper, more efficient alternatives.
Join us on April 25th to learn about:
- New fee disclosures and what plan sponsors need to consider immediately
- Retirement landscape developments in a new economic reality
- Playing “offense and defense” as a plan sponsor in providing retirement benefits
About the Presenters:
Joseph M. Burt is the President and CEO of Pension Plan Specialists, the largest privately held Third Party Administration firm in the Northwest. Prior to joining Pension Plan Specialists, Joe spent 12 years working as the Western Divisional VP of The Hartford Corporate Retirement plans Group, and as a Managing Partner in an independent consulting firm.
Chris Cubbage is the Vice President of Sales for the Portland Retirement Services office of the Principal Financial Group. Chris has 20 years of financial industry experience, exclusively in the retirement plan market.