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November 12, 2013

Focused on the Future: 401(k) Plan Administrators

by The 401k Study Group ®

Now that 401(k) plans have grown to become the No. 1 way U.S. workers save for retirement, it’s no secret many plan sponsors turn to experts to run the entire plan — or certain parts.

Chuck Hammond, PPC, CMFC‘s insight:

The goal for our organization is to focus on our core competencies. For us it is to be the best home improvement retailer in the world,” Suddath said. “To manage our 401(k) plan in-house would detract from what our core business is.”

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