How to Succeed as a Fiduciary in 2024: A Q&A with Casey McKillip, Aldrich Wealth
How to Succeed as a Fiduciary in 2024: A Q&A with Casey McKillip, Aldrich Wealth 2023 was a volatile year for the financial markets. As we start the new year, retirement plan sponsors and fiduciaries are looking for confidence in the management of their plans from experienced professionals. In a recent interview, Casey McKillip, MBA,… Read more How to Succeed as a Fiduciary in 2024: A Q&A with Casey McKillip, Aldrich Wealth
Fiduciary Challenges + Opportunities for 2024: A Q&A with Kathy Peterson, Aldrich Wealth
Fiduciary Challenges + Opportunities for 2024: A Q&A with Kathy Peterson, Aldrich Wealth With only weeks until the end of the calendar year, retirement plan fiduciaries are busy preparing for 2024. Now is an ideal time to reflect on past performance and determine how to improve in the year ahead. In this Q+A, Kathy… Read more Fiduciary Challenges + Opportunities for 2024: A Q&A with Kathy Peterson, Aldrich Wealth
Protecting Your Health Plan against Excessive Fee Litigation
Protecting Your Health Plan against Excessive Fee Litigation Since the early 2000s, retirement plans have battled lawsuits claiming plans pay excessive fees to covered service providerssuch as plan administration and investment fees. These fees can significantly drain the value of participants’ accounts—a 1% increase in fees can reduce an account balance at retirement by 28%,… Read more Protecting Your Health Plan against Excessive Fee Litigation
Fewer Audits? Important Changes to 2023 Form 5500 and Form 5500-SF Filings
Fewer Audits? Important Changes to 2023 Form 5500 and Form 5500-SF Filings The extended Form 5500 filing deadline is approaching, and 401(k) plan sponsors will recall the time-consuming and labor-intensive work required for completing an annual plan audit. Starting on January 1, 2024, the Department of Labor (DOL) and the SECURE Act 2.0 introduced a… Read more Fewer Audits? Important Changes to 2023 Form 5500 and Form 5500-SF Filings
