Retirement Clearinghouse (RCH) is pleased to offer a three-part series of educational videos on plan terminations, presented by Mike Wilder, RCH’s Vice President of Client Services. These videos are intended to provide plan sponsors with a basic understanding of key plan termination process steps, the common mistakes that are made by plan sponsors, and the key criteria for selecting a plan termination services provider. We hope you’ll find these videos interesting & informative!
DC Plan Termination - Five Criteria for Selecting a Services Provider
Terminating a retirement plan takes a lot of work, a lot of planning and requires specialized skills. Not surprisingly, most fiduciaries choose to outsource plan terminations to service providers.
Selecting an outsourced provider is a critical decision. To help simplify the process we suggest using the five criteria below.