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3 Most Common 401(k) Plan Management Mistakes

In 2011, the DOL conducted 3,472 civil investigations. Their findings led to the collection of $1.38 Billion through plan restorations, fines, and penalties.

A very small percentage of plans are true “bad guy situations.” The majority of violations generally come from oversight, errors, and omissions by Plan Sponsors.

After watching this video, you’ll learn:

  • a key rule by the DOL rule that Plan Administrators misinterpret
  • what “keeping your Plan clean” means
  • how you can prevent basic plan management mistakes