Although each individual employee is ultimately responsible for choosing how to allocate their money within a given retirement plan, it is incumbent upon business owners to ensure that an adequate mix of investments are available for employees to select from. Additionally, it is the employer’s responsibility to see that necessary options, such as automatic rebalancing and investment monitoring solutions are available to employees in order for them to properly manage their retirement assets. Partnering with a fiduciary advisor can help ensure both the quality and diversity of investments available within the plan which in turn provides an unbiased approach to a participant’s investment allocation.
