When Participant Preferences Collide with Fiduciary Judgment
Michelle Capezza’s insights were featured in a Fiduciary News article examining how employers and plan fiduciaries should evaluate participant preferences when making retirement plan decisions. The article explores the distinction between employer plan design decisions and fiduciary responsibilities under ERISA, as well as the role participant feedback should play in the decision-making process.
Michelle says, “Employers must determine whether they are required to comply with certain state-run retirement programs, assess the pros and cons of sponsoring their own retirement plan, and explore different plan design options that may be of interest to their organization and their employees.”
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