The March 2007 Update reveals what recent developments in the 401(k) industry mean for your cooperative’s retirement plan. With lawsuits and reports raising questions concerning the level of fees being charged to 401(k) plan sponsors and participants, Update’s cover story details the advantages cooperatives who sponsor the Co-op 401(k) plan have in minimizing this fiduciary risk.
Also in this issue, look for strategies for participants to get the most for their retirement at tax time, a closer look at the disconnect between employees and employers’ views on retirement benefits, and answers to common questions your cooperative employees may be asking about their statement.