Description
Book SynopsisDaniel Cassidy has written a detailed, comprehensive guide for managers to understand and succeed at the ongoing process of managing a company retirement plan. If motivating your employees is important to you as a manager, this book is an essential key to your success.
--Josh Gordon, author of Presentations That Change Minds and Selling 2.0
Written by renowned retirement benefits planning specialist Daniel Cassidy, A Manager''s Guide to Strategic Retirement Plan Management focuses on current best practices regarding company-sponsored retirement plans within the United States.
Filled with in-depth insights and expert advice, this valuable guide will aid managers in applying strategic thinking to their retirement plan management activities--whether it be a 401(k) plan, investing in company stock, or a traditional defined benefit plan. It will also help you to view retirement plans in a holistic manner--ever more necessary given the unpredictable economy an
Trade Review"The book offers strategic and pragmatic "tell it like it is" advice on a variety of key issues…" (
PEF, July 2007)
Table of ContentsAcknowledgments vii
Chapter 1 Introduction 1
Chapter 2 The Basics of Retirement Plans 5
Chapter 3 Administration 23
Chapter 4 Fiduciary Duty 33
Chapter 5 Financial 49
Chapter 6 Human Resources 79
Chapter 7 How to Hire the Right Consultants 107
Chapter 8 General Trends 119
Chapter 9 Where to Go for Help? 141
Appendix A Company ABC—Request for Proposal: 401(k) Savings Plan 147
Appendix B Sample Traditional Request for Proposal 151
Appendix C Sample Defined Contribution Plan Investment Policy Statement 167
Appendix D 401(k) Plan Investment Performance Review 181
Appendix E Replacement Ratio Study: A Measurement Tool for Retirement Planning 203
Appendix F Selecting a Default Fund for a Defined Contribution Plan 233
Appendix G Argus Consulting Ltd NGO Retirement
Plan Survey—2005 Results 255
Appendix H Lessons from Behavioral Finance and the
Autopilot 401(k) Plan 257
Index 275
