Maximizing Savings: The Growing Trend of Collective Investment Trusts
Over the past several years, excessive fees and the failure to consider lower cost share classes for utilized investment strategies has dominated the number of lawsuits against Plan Sponsors. Many Plan Sponsors and retirement plan committee members express surprise when learning that Collective Investment Trusts (CITs) have existed longer than their 40 Act Mutual Fund counterparts.
Under the Hood: Exploring Critical Aspects of Your Retirement Plan
For decades, Plan Sponsors have assessed plan success based on several main statistics, including participation rates, average deferral rates, asset allocation figures and average balances, to name a few.
