A Manager's Guide to Strategic Retirement Plan Management

Acknowledgments 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