Jenni Cornwall’s Post

🌐 Best Fiduciary Practices for 401(k) Plan Investments: As stewards of financial well-being, ensuring the best fiduciary practices in 401(k) plan investments is paramount. Here are some key strategies to optimize investment decisions and help safeguard the financial future of your participants! 🔍🌟 🔒 Ensuring Fiduciary Excellence in 401(k) Investments: ⚫Diversification is Key: Strategy: Spread investments across diverse asset classes to mitigate risk. Impact: Enhances portfolio resilience and safeguards against market volatility. ⚫Regular Investment Monitoring: Practice: Implement a systematic approach to regularly review and monitor investment performance. Impact: Identifies opportunities for adjustment and ensures alignment with participants' long-term goals. ⚫Transparent Fee Structures: Practice: Ensure clear communication and understanding of plan fees for both sponsors and participants. Impact: Fosters trust, transparency, and meets fiduciary responsibilities. ⚫Documentation of Decision-Making Processes: Practice: Maintain clear documentation of investment decisions and processes. Impact: Demonstrates fiduciary prudence and aids in regulatory compliance. 💡 Why It Matters: Implementing best fiduciary practices for your 401(k) plan investments is a commitment to helping secure the financial well-being of your participants. Ready to optimize your 401(k) plan investments and enhance participant outcomes? Let's connect and explore tailored strategies for your unique needs! 🌐📈 #FiduciaryExcellence #401kInvestments #FinancialSecurity 🛡️

Learn all about the importance of having a prudent investment oversight process, custom benchmarks, and documented fund reviews in place for your company’s 401(k) plan: https://bit.ly/3VqpHNf #fiduciaryduty

Learn all about the importance of having a prudent investment oversight process, custom benchmarks, and documented fund reviews in place for your company’s 401(k) plan: https://bit.ly/3VqpHNf #fiduciaryduty

Learn all about the importance of having a prudent investment oversight process, custom benchmarks, and documented fund reviews in place for your company’s 401(k) plan. #fiduciaryduty

Are you part of an employer-sponsored 401(k) or 403(b) plan? If so, have you thought about your personal information, and how it’s used by your plan provider? While running a defined contribution plan depends on data, a debate is growing around how data is used, and where the fiduciary line is drawn. Wealthmanagement . com weighs in. https://bit.ly/4c3pvcF

Are you part of an employer-sponsored 401(k) or 403(b) plan? If so, have you thought about your personal information, and how it’s used by your plan provider? While running a defined contribution plan depends on data, a debate is growing around how data is used, and where the fiduciary line is drawn. Wealthmanagement . com weighs in. https://bit.ly/46PDnnv

Are you part of an employer-sponsored 401(k) or 403(b) plan? If so, have you thought about your personal information, and how it’s used by your plan provider? While running a defined contribution plan depends on data, a debate is growing around how data is used, and where the fiduciary line is drawn. Wealthmanagement . com weighs in. https://bit.ly/4aRBvgb

Are you part of an employer-sponsored 401(k) or 403(b) plan? If so, have you thought about your personal information, and how it’s used by your plan provider? While running a defined contribution plan depends on data, a debate is growing around how data is used, and where the fiduciary line is drawn. Wealthmanagement . com weighs in. https://bit.ly/3J7uZGp

Are you part of an employer-sponsored 401(k) or 403(b) plan? If so, have you thought about your personal information, and how it’s used by your plan provider? While running a defined contribution plan depends on data, a debate is growing around how data is used, and where the fiduciary line is drawn. Wealthmanagement . com weighs in. https://bit.ly/4bICPTe

🔎 Looking to convince prospects about the benefits of outsourcing #retirementplan services? Here's what you can tell them: 📉 Reduced Risks: Explain how outsourcing to 3(21), 3(38), or 3(16) fiduciaries helps manage legal responsibilities and reduces liability for investment decisions. 📈 Increased Objectivity: Highlight that third-party administrators act in the best interest of participants, reducing conflicts of interest and ensuring prudent decision-making. ✨ Enhanced Service Level: Emphasize that outsourced providers can dedicate more time and expertise to their plan than employees, who juggle plan tasks with other duties. ☝️ These points can help reassure prospects about the advantages of outsourcing. Read more in our full article! #Outsourcing #RetirementPlanning #FiduciaryServices https://hubs.li/Q02yhN860