guide

Brokerage windows have been made available in retirement plans for decades. Notwithstanding their long history, plan fiduciaries often ask whether adding a brokerage window to their plan will increase or decrease their fiduciary risk. The decision to offer a brokerage window is a matter of plan design if incorporated into the plan document . However, there are fiduciary obligations when selecting a brokerage window services provider.

In this article, we unravel the mysteries of investment products offered through an insurance company’s General Account by explaining what these investment products are, how they operate, and how they may impact recordkeeping fees when included in a retirement plan’s investment offerings. Since a General Account solution can play a significant role in a retirement plan, it is important for plan sponsors, advisors, and other fiduciaries to understand this option when they are making investment selections for a retirement plan.

In this one-pager, we delve into the concept of float income, its generation, and considerations. In recent times, float income has gained prominence due to the prevailing high (and rising) interest rate environment. As interest rates fluctuate, the impact on float income becomes more pronounced. Float income can play a significant role in retirement plans. Understanding its implications is important for plan sponsors and fiduciaries. 

The purpose of the NAGDCA Fees Guide is to provide a foundational document for the understanding of different fee types and structures that apply to government defined contribution plans. Plan sponsors will have to negotiate many different fees in many different circumstances over the course of their careers, and our intent with this document is to provide a guide that can be used as a reference over and over for each new situation they encounter.