Investment performance indices helpful in evaluating plan advice.(Brief Article)

With the growth of educational programs, defined contribution plan participants are finding their investment options a little more understandable. The more difficult task - for both plan members and employers - is determining whether they are receiving sound advice from third-party providers and fund sponsors.

To help, a number of market research and 401(k) consulting firms have developed benchmarks for fund performance that can help participants evaluate investment advice and sponsors evaluate how well they're fulfilling their fiduciary responsibilities.

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