It is more important than ever to prioritize the security of your company’s 401(k) plan. The Department of Labor (DOL) has recognized this urgency and has issued recommendations to help employers safeguard their plans.
For plan fiduciaries, there are many ways you can apply these best practices to effectively manage your company’s retirement plan. Read the checklist below and for more detailed information, refer to the full ‘Cybersecurity Program Best Practices – EBSA’ document here.
By implementing these guidelines and incorporating cybersecurity best practices, you can significantly mitigate the risk of cyber threats such as data breaches, fraud, and theft.
Download Cybersecurity Checklist
At Greenspring our clients come first. we are committed to making a positive impact in the lives of our clients, their families, and our community. We are passionate about providing solutions that:
- Help fiduciaries develop corporate retirement plans that are simple to understand and easy to deploy.
- Boost employee financial wellness with personalized support to help place them on a path to financial peace of mind.
Greenspring Advisors is a registered investment adviser. Registration does not imply a certain level of skill or training. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Greenspring Advisors
One West Pennsylvania Avenue, Suite 500
Towson, Maryland 21204 | 443-564-4600
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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