The start of a new year is more than a calendar change — it’s an opportunity for plan sponsors to strengthen fiduciary governance and reduce risk. For many companies, January is the only time all year when retirement plan governance gets a fresh look.
Why January Matters
This is when most companies:
Skipping this reset often leads to rushed decisions later in the year.
3 Smart Retirement Plan Governance Moves to Make Now
1) Confirm Committee Roles
Make sure it’s clear who is responsible for:
Clarity now prevents confusion later.
2) Lock in a Meeting Calendar
Quarterly meetings with agendas and summaries go a long way toward fiduciary protection.
Tip: Consistency matters more than complexity.
3) Review Your Policies
January is an ideal time to review:
These documents don’t need constant updates — they just need to stay relevant.
Final Thought
Strong retirement plan governance starts with clarity, consistency, and documentation — and January is the easiest time to put all three in place.
If you have questions about committee structure, meeting cadence, or whether your current process meets fiduciary best practices, feel free to reach out. Even a brief conversation can help confirm you’re on the right track for the year ahead.
If you’d like a quick, no-obligation review of your plan, I’m happy to help.
- Robert C. McKeon | (630) 810-9100
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