When it comes to your health, your body doesn’t lie. Chest pain, chronic fatigue, blurry vision—they’re all warning signs that something is off. You ignore them at your own risk. Your 401(k) plan? It’s not that different. A well-run retirement plan is like a well-functioning body: it requires ongoing care, monitoring, and responsiveness to problems before they become full-blown emergencies. After more than 25 years working with retirement plans, I’ve seen more than my share of sick plans. Sometimes the symptoms are subtle, and sometimes they’re flashing red lights. Either way, it’s critical for plan sponsors to recognize the warning signs of an unhealthy plan. If you spot one or two of these issues, it might be time for a checkup. If your plan checks off several, you may need major surgery.
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