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Employee Benefit Plans 2013


Understanding Service Provider Contracts Including Controls Over Employer Data


May 15, 2013 10:05am ‐ May 15, 2013 11:20am

Description

Not all service provider contracts specify the intricate steps that are needed to ensure compliance with all the testing components for qualified retirement plans. This session will highlight some of the areas that are often overlooked when comparing vendors and service providers. From compliance testing to reporting and disclosure, you will hear about some of the issues that service providers see as problematic in covering the necessary services to plan sponsors. Every contract for services should disclose the work that will be performed and it is often how the work is performed that distinguishes service providers. This session will help you understand the distinction in delivery of services to qualified plans in the bundled and unbundled environment.

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