What’s In Your Fund?

In a decision with far-reaching implications, the U.S. Supreme Court has ruled that companies must monitor the performance and fees of 401(k) plan investments. MIKE CORKERY talks to LI Business News about the potential added responsibilities to plan providers.

“Anytime you have a law suit that’s the first of its kind, you tend to have the snowball effect,” Corkery said. “I think there’s more potential for the lawsuit to change business practices for the better, because companies want to avoid litigation like this.”

Long Island Office
445 Broadhollow Road
Suite 319
Melville, NY 11747
Tel: (631) 845-5252
Manhattan Office
1 Penn Plaza
Suite 2420
New York, NY 10119
Tel: (212) 684-2414

SCHEDULE A CONSULTATION

Have a question or need assistance with your accounting and financial matters? We can help. Contact us to schedule a complimentary consultation to discuss your needs.

We have combined with MGO to deliver an even more powerful client experience. To learn more about our expanded resources or access your client portal, visit:
Leverage agile frameworks to provide a robust synopsis for high level overviews.