· Understanding fees important to 401(k) success

As a Plan Sponsor, one of the most important duties you have to your participants is to provide a Plan with investment options that makes comfortable retirement not just a possibility for your employees but a probability. In fact, as a Plan Sponsor, you are a fiduciary and liable for the decisions you make for your participants. As a Co-op 401(k) Plan sponsor, you have the advantage of the Fiduciary Board, elected and appointed members from the cooperative industry who assume the responsibility of giving cooperative employees the best possible plan.