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What Is a Qualified Default Investment Alternative (QDIA)?
A QDIA is the investment your plan uses when an employee never picks one, whether they were enrolled automatically or just skipped the investment election, and only certain investments qualify.
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What Does an Investment Advisor Actually Do for a Retirement Plan Beyond Picking Funds?
Fund selection gets the attention, but ongoing oversight, monitoring, and fiduciary support are often where an investment advisor provides the most value.
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Should Your Retirement Plan Use a 3(21) or 3(38) Investment Fiduciary?
Understanding how 3(21) and 3(38) fiduciary arrangements differ can help committees align their governance structure with their desired level of investment oversight.