401(k) Plan Sponsors: Are you managing investments the right way?

🎙 Mastering Retirement Plan Compliance: Tips for Staying Ahead
Are you prepared to tackle the complexities of retirement plan compliance? Join hosts Kate and Marta as they break down the essential strategies every plan sponsor needs to know. From navigating top-heavy plans to avoiding costly audits, this episode is your ultimate guide to staying ahead. Plus, learn from real-life compliance missteps so you can avoid them in your plan. Don't miss this episode packed with actionable insights and practical advice.

Tune in now and empower your plan today!

What’s your recordkeeper actually responsible for? Join Marta and Isaac as they unpack one of the most misunderstood roles in retirement plan management. Learn why your recordkeeper isn’t typically a fiduciary, what their true duties entail, and why it's vital for you to understand these distinctions.

In this episode, we’ll cover:

Get ready to rethink everything you know about your recordkeeper’s role—and what you can do to keep your plan compliant and secure.

Listen now to uncover what every plan sponsor and fiduciary needs to know!

Most retirement plans aren’t doing this correctly… Are you fulfilling ERISA’s 404(c) requirements? In this eye-opening episode of The Wise Fiduciary, host Kate McBride welcomes special guest Don Jones, Fiduciary Wise founder and former host of Season 1. Together, they dive into the often-overlooked but essential requirement under ERISA to provide plan participants with the right investment education.

With nearly 50 years of ERISA history, we’re still uncovering gaps that can put plan sponsors and fiduciaries at risk—especially when it comes to empowering participants to make informed investment choices. Don and Kate break down what 404(c) requires, why it’s more than just a checkbox, and how Fiduciary Wise helps sponsors go beyond the basics. From common pitfalls to practical advice, this episode is packed with insights to help you meet your obligations, protect your plan, and foster real participant engagement.

Whether you're a plan sponsor, advisor, or fiduciary, this episode is your go-to resource for understanding ERISA 404(c) and setting your plan up for success. Don’t miss it!

Episode 3: Enroll Call: Everything You Need to Know About 401(k) Enrollment

Season 2, Episode 2: Plan Sponsor Essentials: Fiduciary Duties

In the kickoff to Season 2, hosts Kate McBride, AIFA®, CEFEX Analyst, Marta Hurst, QKA, and Isaac Wood, CFP®, AIF® walk you through the first steps you need to take when you find yourself responsible for overseeing a company’s retirement plan. Whether you’re a CEO, HR professional, or new to the role of managing a 401(k), this episode will break down the critical responsibilities you need to understand to ensure compliance and protect your company.

Plus, we reference a helpful chart that illustrates the roles of various plan providers and fiduciaries in the retirement plan process. You can view the chart here: https://fiduciarywise621.sharepoint.c...

At around the 3:30-minute mark, when discussing MEPs, PEPs, and Defined Contribution Groups, it's important to clarify that Closed MEPs, Defined Contribution Groups, and PEPs typically have a single Form 5500 filed for the entire group. However, it's worth noting that another type known as an Open MEP requires individual Form 5500s to be filed.

In this episode of The Wise Fiduciary podcast, host Don Jones dives into the intricate world of retirement plans, focusing on Multiple Employer Plans (MEPs), Pooled Employer Plans (PEPs), and Defined Contribution Group of Plans (DC GoPs). With clarity and expertise, Don breaks down the differences between these plan types, helping listeners understand the benefits and potential drawbacks of each option. Whether you're a plan sponsor, service provider, or advisor, this episode provides valuable insights to help you navigate the complexities of retirement planning. Tune in now to unlock the secrets of MEPs, PEPs, and DC GoPs and make informed decisions for a secure retirement future.

🎙️ Episode 5: "Trust Talks: Mastering Fiduciary Excellence with The Restatement" 🎙️

Welcome to The Wise Fiduciary Podcast! In this episode, Don Jones, ERISA 402(A) Named Fiduciary at Fiduciary Wise, takes us on a deep dive into fiduciary governance and the Common Law of Trusts. Explore the intricacies of The Restatement of the Law Third (Trusts) and how it shapes fiduciary responsibilities. From Section 404(a)(1)(A) and (B) to expert fiduciary duties, discover real-world examples that go beyond industry standards.

🔍 Topics Covered:

🎧 Listen now to elevate your fiduciary knowledge and stand out in the industry!

#FiduciaryExcellence #TheWiseFiduciaryPodcast #FinancePodcast #FiduciaryResponsibility

Discover the essentials of fiduciary responsibility in retirement plan management with The Wise Fiduciary Podcast. Hosted by Don Jones, an ERISA 402(A) Named Fiduciary at Fiduciary Wise, this episode delves into the "Common Mistakes Plan Sponsors and Service Providers Make." From being cost-conscious and transparent in plan fees to understanding ERISA 404(c) - the Greatest Safe Harbor, each topic is dissected for valuable insights. Whether you're a service provider or a plan sponsor, join us on this informative journey to efficiently manage retirement plans with quality and safety. Get ready to navigate complexities, mitigate risks, and deliver optimal retirement benefits. Press play and get wise!