Timely, relevant, and actionable investment perspective, best practices, and planning insights for institutional and wealth management clients from CAPTRUST's Consulting Research Group.

Advanced Filter

Need Help Navigating Investment Responsibilities?

Five Questions for Defined Contribution Plan Sponsors

Scott Matheson, CFA®, CPA
Senior Director | Defined Contribution Practice Leader

These days, company resources are stretched thin — businesses are expected to do more with less. Managing a defined contribution retirement plan — like a 401(k) — is not typically a top priority despite the fact that a number of functions must be effectively managed for a 401(k) plan to work well. And of course these demands are further complicated by ever-changing capital markets, regulatory complexity, and participant anxiety over how best to save for retirement.

The demands on plan sponsors are many, but they may be relieved to know that they don’t have to go it alone when it comes to investment decisions for their retirement plans. The Employee Retirement Income Security Act (ERISA) identifies several types of fiduciaries to whom they may outsource some or all of their investment-related responsibilities. Identified by the sections of ERISA — 3(21) and 3(38) — that define them, these fiduciary roles provide different levels of support.

In this position paper, we identify three approaches a plan sponsor may take for selecting and managing plan investments. Along the way, we outline five important questions to consider as they contemplate engaging a 3(21) or 3(38) fiduciary to manage their plans more effectively or outsource some of their fiduciary risk. Our hope is that plan sponsors, armed with this perspective, feel empowered to make educated choices for their plans and participants.

For more, please download the full position paper below.

Download Attachment


Upcoming Webinar! Rising Interest Rates

In this upcoming webinar, CAPTRUST Defined Contribution Practice Leader Scott Matheson and colleagues Jennifer Doss and David Hood will present their views on what plan sponsors need to know about rising interest rates and the impact on retirement plans.

Read More

Press Releases

CAPTRUST Merges with Knox Capital Group

CAPTRUST, one of the nation’s leading wealth management and institutional advisory firms, announced that Salt Lake City-based Knox Capital Group, one of Utah’s premier wealth management firms, has joined the family, bringing with it over $300 million in client assets.

Read More


VESTED, Winter 2018

We are pleased to announce that the Winter 2018 issue of VESTED, CAPTRUST’s magazine for clients and friends, is now available. Subscribing clients will receive their copies in the mail this week. If you are interested in receiving VESTED Magazine, please let us know via email.

Read More