Organization Ideas For 401(k) Plan Sponsors To Limit Liability

Content courtesy ERISA attorney Ary Rosenbaum, The Rosenbaum Law Firm P.C. Ary can be found at 516-594-1557 or Ary@therosenbaumlawfirm.com.

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Here are Ary’s introductory comments for this article:

Organization tools always pop up for sale after New Year’s because a lot of people want to try to keep their resolutions. My local Costco always trots out the plastic bins and organizational stands and carts after the new year. One of the most fascinating and profitable stores is The Container Store, which sells all things in organizational and cleaning tools. If you’re a 401(k) plan sponsor, there is no Container Store in handling your role as a plan fiduciary. However, you have this article that will tell you why you need to be organized and what you should keep organized.