The Retirement Plan Management Services division of RCP Solutions recently attended the PSCA (Profit Sharing/401k Council of America) Annual National 401k Conference in Las Vegas, NV.

Plan Sponsors often face the difficult challenge of resolving un-cashed checks from terminated participants that requested them and failed to cash them or had the check returned as undeliverable. Working with Plan Sponsors and Recordkeepers, RCP Solutions customizes programs to reduce the risks and costs associated with un-cashed check issues, as well as, plan terminations and locating the whereabouts of missing terminated participants.

RCP Solutions was well received by the audience of plan sponsors that attended the 401k conference.

Their knowledge of their fiduciary duties has increased and understand that it’s no longer acceptable to simply say that "my recordkeeper handles that for me."

In this day and age of enhanced scrutiny by internal audit and regulators, plan sponsors can no longer risk a passive approach which could harm their companies reputational risk.

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