Outsourcing retirement plan management duties to a retirement advisor can just be good business—not only are these advisors up-to-speed on the most current regulations governing retirement plan offerings and industry best practices, but they can also free up a plan sponsor’s time to focus on critical aspects of company operation. However, it’s important to evaluate these advisors at the outset (and regularly during their administration of the plan) to ensure that you’re receiving the best possible services. How can you tell if your advisor is doing a good job? Below are a few key attributes that describe a good retirement plan advisor.
