RETIREMENT PLAN COMMITTEE REVIEW CHECKLIST

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Have you established a retirement plan committee? Do you struggle with what your committee should review during meetings? There can be an overwhelming number of items to discuss during a meeting, especially when getting started.

Best Practices for Establishing Your Retirement Plan Committee:

1. A committee member should typically come from senior Human Resources, Finance, Operations, and Business Owners.

2. The committee should be made up of three or five members (better to have odd numbers for voting decisions).

3. Once the committee is established, it is important that the committee meets at least quarterly and has a documented decision-making process.

Use this checklist at your next retirement plan committee meeting.