Defined contribution plan fee practices
Defined Contribution (DC) Plan Fee Practices
Effective fee management is a critical component in maximizing retirement readiness and minimizing fiduciary risk. The increased demands placed on DC plans, combined with the intense focus on fees, ultimately call for greater attention to fee management, allocation and documentation.
Based on Department of Labor (DOL) guidelines, case law and extensive marketplace experience, Mercer has established robust practices to assist committee members in satisfying their fiduciary requirements.
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