Tuesday 27 September 2016
401(K) Outsourcing: The next Big Thing
Outsourcing is the hiring of a consultant from outside the
company to complete a task or provide a service that they are better suited to
do then your own employees. Many small to midsized plans are beginning to outsource 401(k) fiduciaries. Companies outsource many services, including payroll,
auditing, marketing, legal defense, building maintenance, HR services and
advertising, to name but a few. The reasons for outsourcing generally include: