{"product_id":"managing-your-firms-401k-plan-a-complete-roadmap-to-managing-todays-retirement-plans-hardback-9780470553008","title":"Managing Your Firm's 401(k) Plan; A Complete Roadmap to Managing Today's Retirement Plans (Hardback) 9780470553008","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eManaging Your Firm's 401(k) Plan\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eA Complete Roadmap to Managing Today's Retirement Plans\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eMatthew X. Smith (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470553008, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 21 September 2010\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e256 pages, Charts: 6 B\u0026amp;W, 0 Color; Tables: 18 B\u0026amp;W, 0 Color\u003cbr\u003e23.6 x 16 x 2.3 cm, 0.445 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAn objective resource for managing your firm's 401(k) plan\u003c\/p\u003e \u003cp\u003eWith the recent uncertainty in the economy and financial markets, 401(k) plans are now under more scrutiny than ever. Written for finance and benefit professionals who are responsible for the management, operations, or oversight of their company's 401(k) plan, \u003ci\u003eManaging Your Firm's 401(k) Plan\u003c\/i\u003e offers a guide to designing and managing a 401(k) with a focus on financial, fiduciary, and regulatory standards.\u003c\/p\u003e \u003cp\u003eWhile there are plenty of books on 401(k) plans written for the individual investor, there are very few resources for professionals involved in 401(k) management. This book effectively fills that void\u003cbr\u003e \u003c\/p\u003e \u003cul\u003e \u003cli\u003eIt was specifically written for professionals involved in 401(k) management\u003c\/li\u003e \u003cli\u003eIt includes regulatory and fiduciary information needed for compliance purposes\u003c\/li\u003e \u003cli\u003eIt was created by experienced experts in the defined contribution plan arena\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eTopics covered throughout this insightful guide include measuring retirement readiness, establishing plan governance, managing the plan's investment menu, monitoring record keeper performance, communicating effectively with employees, helping participants manage their retirement income, and much more.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The Importance of the 401(k) Plan 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBaby Boomers Have Reached Retirement Age 1\u003c\/p\u003e \u003cp\u003ePeople Are Spending More Years in Retirement 2\u003c\/p\u003e \u003cp\u003eExpenses in Retirement Are Increasing 3\u003c\/p\u003e \u003cp\u003eThe Shift from DB to dc 3\u003c\/p\u003e \u003cp\u003eSharing Responsibility 4\u003c\/p\u003e \u003cp\u003eConclusion 11\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 The Role of the Employer 12\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Do Employers Sponsor 401(k) Plans? 12\u003c\/p\u003e \u003cp\u003eWhat Roles Do Employers Play? 13\u003c\/p\u003e \u003cp\u003eConclusion 21\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Measuring Retirement Readiness 22\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReplacement Ratios 22\u003c\/p\u003e \u003cp\u003eImproving Retirement Readiness 28\u003c\/p\u003e \u003cp\u003eConclusion 34\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Establishing a 401(k) Plan 35\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow a 401(k) Plan Works 35\u003c\/p\u003e \u003cp\u003eEstablishing Plan Objectives 39\u003c\/p\u003e \u003cp\u003eBenchmarking Plan Design Features 41\u003c\/p\u003e \u003cp\u003ePlan Setup 43\u003c\/p\u003e \u003cp\u003eConclusion 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Plan Governance and Fiduciary Issues 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWho Is a Plan Fiduciary? 46\u003c\/p\u003e \u003cp\u003eBasic Fiduciary Duties 49\u003c\/p\u003e \u003cp\u003eAllocating or Delegating Fiduciary Responsibility 53\u003c\/p\u003e \u003cp\u003eThe Prohibited Transactions Rule 57\u003c\/p\u003e \u003cp\u003eExemptions from Prohibited Transaction Rules 59\u003c\/p\u003e \u003cp\u003eEstablishing Roles and Responsibilities 62\u003c\/p\u003e \u003cp\u003eUsing Plan Assets to Pay Expenses 66\u003c\/p\u003e \u003cp\u003eCommunication to Participants 71\u003c\/p\u003e \u003cp\u003eConclusion 71\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Protecting Plan Fiduciaries 72\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Impact of Enron Litigation 72\u003c\/p\u003e \u003cp\u003eConsequences of a Breach of Fiduciary Duty 76\u003c\/p\u003e \u003cp\u003eThe Voluntary Fiduciary Correction Program (VFCP) 76\u003c\/p\u003e \u003cp\u003eFidelity Bonds versus Fiduciary Liability Insurance 81\u003c\/p\u003e \u003cp\u003eConclusion 84\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Establishing and Managing Plan Investments 85\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Investment Policy Statement 85\u003c\/p\u003e \u003cp\u003eThe Investment Menu 87\u003c\/p\u003e \u003cp\u003ePrediversified Portfolios 88\u003c\/p\u003e \u003cp\u003ePortfolio Construction 90\u003c\/p\u003e \u003cp\u003eSelection of Investments and Managers 92\u003c\/p\u003e \u003cp\u003eMonitoring Investments 94\u003c\/p\u003e \u003cp\u003eComplying with Section 404(c) 97\u003c\/p\u003e \u003cp\u003eEmployer Stock in 401(k) Plans 99\u003c\/p\u003e \u003cp\u003eDefault Investment Option and Mapping 102\u003c\/p\u003e \u003cp\u003eAdvice and Education for Plan Participants 105\u003c\/p\u003e \u003cp\u003eBrokerage Accounts and Mutual Fund Windows 110\u003c\/p\u003e \u003cp\u003eSocially Responsible Investing 111\u003c\/p\u003e \u003cp\u003eConclusion 112\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Managing Your Plan’s Operations 113\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMonitoring Your Service Provider 113\u003c\/p\u003e \u003cp\u003eVendor Services 114\u003c\/p\u003e \u003cp\u003eCollecting and Using Vendor Metrics 118\u003c\/p\u003e \u003cp\u003eService Agreements and Standards 119\u003c\/p\u003e \u003cp\u003eOperational Compliance 122\u003c\/p\u003e \u003cp\u003eRegulatory Compliance 130\u003c\/p\u003e \u003cp\u003eChanging Recordkeepers 138\u003c\/p\u003e \u003cp\u003eConclusion 142\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Design and Management of Distribution Options 143\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVesting Rules 143\u003c\/p\u003e \u003cp\u003eDistributable Events 147\u003c\/p\u003e \u003cp\u003eNondiscrimination Testing Failures and Regulatory Limitations 149\u003c\/p\u003e \u003cp\u003eForms of Distributions 151\u003c\/p\u003e \u003cp\u003eOptional Design Features 152\u003c\/p\u003e \u003cp\u003eTaxation Considerations 160\u003c\/p\u003e \u003cp\u003eMiscellaneous 163\u003c\/p\u003e \u003cp\u003eConclusion 165\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 How Business Transactions Affect 401(k) Plans 166\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy It Matters 166\u003c\/p\u003e \u003cp\u003eBusiness Mergers and Acquisitions 169\u003c\/p\u003e \u003cp\u003ePlan Terminations 186\u003c\/p\u003e \u003cp\u003eDivestitures and Downsizing 192\u003c\/p\u003e \u003cp\u003eOptions for Distressed Organizations 194\u003c\/p\u003e \u003cp\u003eConclusion 195\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Financial Communication and Education for Participants 196\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Do You Offer a 401(k) Plan? 197\u003c\/p\u003e \u003cp\u003eCommunication Strategy 198\u003c\/p\u003e \u003cp\u003eThe Implementation Plan 205\u003c\/p\u003e \u003cp\u003eBranding your Program 206\u003c\/p\u003e \u003cp\u003eManaging Vendor Communications 206\u003c\/p\u003e \u003cp\u003eThree Times Three Ways 207\u003c\/p\u003e \u003cp\u003eConclusion 207\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Helping Participants Manage Their Retirement Income 208\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn Plan or Out? 208\u003c\/p\u003e \u003cp\u003eRisks of Managing Retirement Income 209\u003c\/p\u003e \u003cp\u003eRetirement Income Product Types 211\u003c\/p\u003e \u003cp\u003eAdditional Product Features 220\u003c\/p\u003e \u003cp\u003eConclusion 222\u003c\/p\u003e \u003cp\u003eNotes 223\u003c\/p\u003e \u003cp\u003eIndex 235\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52276363264280,"sku":"9780470553008","price":42.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470553008.jpg?v=1781367442","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/managing-your-firms-401k-plan-a-complete-roadmap-to-managing-todays-retirement-plans-hardback-9780470553008","provider":"Freshly Printed Books","version":"1.0","type":"link"}