The hidden pitfalls of DIY benefits implementations

Kim ShumateThought Leadership

Successfully implementing a new health and welfare benefits administration system is a complex, high-stakes process that requires careful planning, thorough data validation, and expert coordination across multiple vendors. Plan sponsors who attempt to manage this transition alone often face significant challenges.

Where plan sponsors and recordkeepers stand on multi-factor authentication

Kim ShumateThought Leadership

We surveyed plan sponsors and 401(k) recordkeepers to determine how they are using multi-factor authentication (MFA) as a tactic for mitigating defined-contribution plan fraud and protecting sensitive participant and plan information. Here’s what we found.