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Business Law, Public Responsibility, and Ethics

2019

Finance

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Clarity For Due Diligence In 401(K) Qualified Retirement Plans, Erin O'Reilly Apr 2019

Clarity For Due Diligence In 401(K) Qualified Retirement Plans, Erin O'Reilly

Mahurin Honors College Capstone Experience/Thesis Projects

My focus for this project is to educate myself and my peers on the process of analyzing a 401(k) plan, specifically the due diligence that should be performed when analyzing a retirement plan. Specific aspects of this project will involve: (1) explaining the different roles needed to administer a 401(k) plan; (2) discussing an advisor's role in a 401(k) plan; (3) analyzing fiduciary duty levels; (4) reviewing the appropriate types of investments to include in a 401(k) plan; (5) providing suggestions for financial wellness programs; and (6) discerning the appropriate level of fees for each service. I seek to provide …