June 8, 2011 (Indianapolis) – Nyhart, one of the nation’s largest independent actuarial and employee benefits consulting firms, has announced an educational series for CFOs, HR Managers, and 401(k) defined contribution plan sponsors.
The two seminars, available both as a webinar and in-person at Nyhart’s headquarters in Indianapolis, will focus on the costs associated with investments and administration for defined contribution benefits and highlight how new IRS regulations are prompting more disclosure and transparency in fees.
401(k)s Are Not Free: The Real Costs of A 401(k) Benefit
Thursday, July 14, 11-11:30 a.m. featuring Benefits Consultant Mike Kiley
Regardless of what your advisor says, 401(k)s are not free. Benefit consultant Mike Kiley reveals how fees and expenses are hidden by many 401(k) vendors and explain to plan sponsors how to expose the real costs they – and their employees – are paying for their defined contribution benefits. This 30 minute presentation will outline what factors impact how much you and your employees are paying for their 401(k) and outline the strategies informed companies are using to lower fees and help employees put more toward retirement. (RSVP)
The Impact of New 408(b)2 Regulations For Your Company’s 401(k)
Thursday, July 28, 11-11:30 a.m. featuring fiduciary consultant Eric Roberts
New IRS regulations 408(b)2 will be going into affect soon creating a new level of transparency for defined contribution plans. Investment advisor and fiduciary consultant Eric Roberts presents a 30-minute review of how IRS regulation 408(b)2 will give plan sponsors and fiduciary committee members a better understanding of the regulatory changes and how it will shift the way their 401(k) provider discloses fees and reports fund and benefit performance. (RSVP)
All attendees of the webinar will receive a complimentary fee analysis report of their current 401(k) benefit expenses, a $600 value, that will breakdown their current fee expenses benchmarked against industry standards.
Individuals interested in attending the events in person or via webinar may contact James Burnes at connect@nyhart.com to be added to the invitation list. There is no cost to attend the program. Seating is limited.