---
title: "Can Higher Than Normal Turnover Affect my 401(k) Plan? | Part 3 of 3: The Results"
description: Now that we know how to determine whether our higher than normal turnover constitutes a partial plan termination, how do we handle it? Find out in the final installment of the three part Question of the Week series.
image: https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20with%20category%20name/hero_pp_png_category.png
---

[![logo](https://www.dwc401k.com/hubfs/_global/logo.svg "logo")](https://www.dwc401k.com/)

[![logo](https://www.dwc401k.com/hubfs/Dwc-2019/SVG/logo.svg "logo")](https://www.dwc401k.com/)

[![Contribution Limits](https://no-cache.hubspot.com/cta/default/3113501/af3ae025-72b1-41fa-8855-5e196d6c26e4.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/af3ae025-72b1-41fa-8855-5e196d6c26e4)

[![Log in](https://no-cache.hubspot.com/cta/default/3113501/3466ce37-58ba-4a93-bddb-0d4c8bb8ccbc.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/3466ce37-58ba-4a93-bddb-0d4c8bb8ccbc)

[![services-icon1](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon1.png)

## Plan Document

 A properly drafted document is the foundation of achieving the company's objectives and keeping the plan in operational compliance. 

](https://www.dwc401k.com/services/plan-document) [![services-icon2](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon2.png)

## Plan Compliance

 We have a fundamental understanding of how critical plan compliance is to both the IRS and Department of Labor. 

](https://www.dwc401k.com/services/plan-compliance) [![services-icon3](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon3.svg)

## Defined Benefits Services

 We work with business owners and investment advisors to determine what makes the most sense by providing a detailed cost benefit analysis. 

](https://www.dwc401k.com/services/defined-benefits-services) [![services-icon4](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon4.svg)

## Mergers, Aquisitions & Related Company Analysis

 The DWC team is well-versed enough in the nuances and is ready to help you navigate the situation. 

](https://www.dwc401k.com/services/mergers-acquisitions-analysis) [![services-icon5](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon5.png)

## Plan Corrections

DWC's extensive experience with both the IRS and Department of Labor voluntary correction programs allows us to help you address just about any accident that might happen.

](https://www.dwc401k.com/plan-corrections) [![services-icon6](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon6.png)

## Government Audits

 Being selected for an audit can feel overwhelming, but the process doesn't have to be. 

](https://www.dwc401k.com/services/government-audits)

![service-right-icon](https://www.dwc401k.com/hubfs/QOTW/March%202020/service-right-icon.svg)

## Investment Advisor Support

DWC has a long history of successfully partnering with investment advisors.

We bring decades of experience, supported by the resources to deliver comprehensive solutions for your clients. Our consultants understand the importance of your relationships and will work seamlessly alongside your team.

[![Learn More](https://no-cache.hubspot.com/cta/default/3113501/e8259ee4-7af4-4a93-8f14-6176b30c4ada.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/e8259ee4-7af4-4a93-8f14-6176b30c4ada)

## [ Categories ](https://www.dwc401k.com/blog)

[### DWC Developments

](https://www.dwc401k.com/blog/topic/dwc-developments) [### Industry Insights

](https://www.dwc401k.com/blog/topic/industry-insights) [### Regulatory Round-Up

](https://www.dwc401k.com/blog/topic/regulatory-round-up) [### Cash Balance Corner

](https://www.dwc401k.com/blog/topic/cash-balance-corner) [### 401(k) Q&A

](https://www.dwc401k.com/blog/topic/401k-qa) [### Operational Overview

](https://www.dwc401k.com/blog/topic/operational-overview) [### Lessons from Litigation

](https://www.dwc401k.com/blog/topic/lessons-from-litigation) [### Pension Primer

](https://www.dwc401k.com/blog/topic/pension-primer)

## [ Articles ](https://www.dwc401k.com/blog)

[![https://3113501.fs1.hubspotusercontent-na1.net/hubfs/3113501/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20without%20category%20name/hero_pp_png.png](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20without%20category%20name/hero_pp_png.png) ](https://www.dwc401k.com/blog/the-new-era-of-401ks-evaluating-private-equity-for-retirement-portfolios)

### [The New Era of 401(k)s: Evaluating Private Equity for Retirement Portfolios](https://www.dwc401k.com/blog/the-new-era-of-401ks-evaluating-private-equity-for-retirement-portfolios)

[![https://3113501.fs1.hubspotusercontent-na1.net/hubfs/3113501/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20without%20category%20name/hero_pp_png.png](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20without%20category%20name/hero_pp_png.png) ](https://www.dwc401k.com/blog/why-the-simple-to-401k-transition-is-finally-simple)

### [Why the SIMPLE-to-401(k) Transition Is Finally… Simple](https://www.dwc401k.com/blog/why-the-simple-to-401k-transition-is-finally-simple)

[![https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg) ](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-6)

### [Decoding the Alphabet Soup: What’s With All the Acronyms | Part 6](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-6)

[![https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg) ](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-5)

### [Decoding the Alphabet Soup: What’s With All the Acronyms | Part 5](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-5)

[![https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg) ](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-4)

### [Decoding the Alphabet Soup: What’s With All the Acronyms | Part 4](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-4)

[![https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20with%20category%20name/hero_rr_png_category.png](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20with%20category%20name/hero_rr_png_category.png) ](https://www.dwc401k.com/blog/in-case-of-emergency-dont-break-plan)

### [In Case of Emergency, (Don't) Break Plan!](https://www.dwc401k.com/blog/in-case-of-emergency-dont-break-plan)

[![See all](https://no-cache.hubspot.com/cta/default/3113501/da389b32-e8ba-4681-ac07-738df4376a5b.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/da389b32-e8ba-4681-ac07-738df4376a5b)

[!["Complete Control" with Recommended Contributions](https://www.dwc401k.com/hs-fs/hubfs/Blog/Cash%20Balance%20Corner/September%202020/CBC%20-%209.3.2020%20-%20Complete%20Control%20with%20Recommended%20Contributions_Retirement%20Plan%20Design.png?width=800&height=350&name=CBC%20-%209.3.2020%20-%20Complete%20Control%20with%20Recommended%20Contributions_Retirement%20Plan%20Design.png) ](https://www.dwc401k.com/blog/calculating-recommended-contributions-cash-balance-corner)

### ["Complete Control" with Recommended Contributions](https://www.dwc401k.com/blog/calculating-recommended-contributions-cash-balance-corner)

[![“Cover Me” with the Pension Benefit Guaranty Corporation](https://www.dwc401k.com/hs-fs/hubfs/CBC-8.19-PBGC.png?width=800&height=350&name=CBC-8.19-PBGC.png) ](https://www.dwc401k.com/blog/cover-me-with-pbgc)

### [“Cover Me” with the Pension Benefit Guaranty Corporation](https://www.dwc401k.com/blog/cover-me-with-pbgc)

[![10-Retirement-Compliance-Failures](https://www.dwc401k.com/hs-fs/hubfs/Blog/Blog%20Collateral%20-%20Old%20Designs/Blog%20Header%20Images_Old%20Watermarked%20Design/10-Retirement-Compliance-Failures.png?width=800&height=350&name=10-Retirement-Compliance-Failures.png) ](https://www.dwc401k.com/blog/10-common-retirement-plan-compliance-failures-found-by-the-irs)

### [10 Common Retirement Plan Compliance Failures Found by the IRS](https://www.dwc401k.com/blog/10-common-retirement-plan-compliance-failures-found-by-the-irs)

[![2020 DOL Enforcement Stats: Is the Glass Half Full or Half Empty?](https://www.dwc401k.com/hs-fs/hubfs/Blog/Question%20of%20the%20Week/3.4.2021%20DOL%20Enforcement%20Blog.png?width=800&height=350&name=3.4.2021%20DOL%20Enforcement%20Blog.png) ](https://www.dwc401k.com/blog/2020-dol-enforcement-statistics)

### [2020 DOL Enforcement Stats: Is the Glass Half Full or Half Empty?](https://www.dwc401k.com/blog/2020-dol-enforcement-statistics)

[![2020 Retirement Plan Tax Deductions - It's Not Too Late](https://www.dwc401k.com/hs-fs/hubfs/Blog%20-%204.15.2021%20-%202020%20Retirement%20Plan%20Deductions.png?width=800&height=350&name=Blog%20-%204.15.2021%20-%202020%20Retirement%20Plan%20Deductions.png) ](https://www.dwc401k.com/blog/2020-retirement-plan-deductions-not-too-late)

### [2020 Retirement Plan Tax Deductions - It's Not Too Late](https://www.dwc401k.com/blog/2020-retirement-plan-deductions-not-too-late)

[![QOTW - 5.8.2018 - 401k Distribution Rules - After Taking a Hardship Distribution How Quickly Must a Participant Stop 401k Contributions - Plan Distributions](https://www.dwc401k.com/hs-fs/hubfs/Blog/Question%20of%20the%20Week/QOTW%202018/May%202018/QOTW%20-%205.8.2018%20-%20401k%20Distribution%20Rules%20-%20After%20Taking%20a%20Hardship%20Distribution%20How%20Quickly%20Must%20a%20Participant%20Stop%20401k%20Contributions%20-%20Plan%20Distributions.png?width=800&height=350&name=QOTW%20-%205.8.2018%20-%20401k%20Distribution%20Rules%20-%20After%20Taking%20a%20Hardship%20Distribution%20How%20Quickly%20Must%20a%20Participant%20Stop%20401k%20Contributions%20-%20Plan%20Distributions.png) ](https://www.dwc401k.com/blog/whats-happens-when-you-take-a-hardship-distribution)

### [401(k) Distribution Rules: After Taking a Hardship Distribution, How Quickly Must a Participant Stop 401(k) Contributions?](https://www.dwc401k.com/blog/whats-happens-when-you-take-a-hardship-distribution)

[![See all](https://no-cache.hubspot.com/cta/default/3113501/270feba7-1532-4fb2-aaad-f6fc30d696e6.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/270feba7-1532-4fb2-aaad-f6fc30d696e6)

- [DWC](https://www.dwc401k.com/blog/topic/dwc)
- [Question of the Week (QOTW)](https://www.dwc401k.com/blog/topic/question-of-the-week-qotw)
- [Retirement Plan Design](https://www.dwc401k.com/blog/topic/retirement-plan-design)
- [401(k) Plan](https://www.dwc401k.com/blog/topic/401k-plan)
- [News](https://www.dwc401k.com/blog/topic/news)
- [Plan Compliance](https://www.dwc401k.com/blog/topic/plan-compliance)
- [Plan Distributions](https://www.dwc401k.com/blog/topic/plan-distributions)
- [Highly Compensated Employees](https://www.dwc401k.com/blog/topic/highly-compensated-employees)
- [Nondiscrimination Testing](https://www.dwc401k.com/blog/topic/nondiscrimination-testing)
- [Plan Correction](https://www.dwc401k.com/blog/topic/plan-correction)
- [Legislation](https://www.dwc401k.com/blog/topic/legislation)
- [Cash Balance](https://www.dwc401k.com/blog/topic/cash-balance)
- [Fiduciary Responsibility](https://www.dwc401k.com/blog/topic/fiduciary-responsibility)

[![See all](https://no-cache.hubspot.com/cta/default/3113501/6e4f2713-d231-4e2f-9509-351824dea8bd.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/6e4f2713-d231-4e2f-9509-351824dea8bd)

Company

### The DWC Difference

Meet our team, explore career opportunities, and learn how DWC partners with TPAs to grow.

- [About Us Who we are and our story ](https://www.dwc401k.com/about)
- [Join the 401k Experts Open roles and life at DWC ](https://www.dwc401k.com/about/careers)
- [Mergers and Acquisitions Grow faster with DWC ](https://www.dwc401k.com/mergers-and-acquisitions)

[![feature image](https://3113501.fs1.hubspotusercontent-na1.net/hubfs/3113501/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20without%20category%20name/hero_pp_png.png) ](https://www.dwc401k.com/blog/the-new-era-of-401ks-evaluating-private-equity-for-retirement-portfolios)

### <https://www.dwc401k.com/blog/the-new-era-of-401ks-evaluating-private-equity-for-retirement-portfolios>

[![feature image](https://3113501.fs1.hubspotusercontent-na1.net/hubfs/3113501/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20without%20category%20name/hero_pp_png.png) ](https://www.dwc401k.com/blog/why-the-simple-to-401k-transition-is-finally-simple)

### <https://www.dwc401k.com/blog/why-the-simple-to-401k-transition-is-finally-simple>

[![feature image](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg) ](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-6)

### <https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-6>

[![feature image](https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/SVG%20-%20with%20category%20name/hero_pp_category.svg) ](https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-5)

### <https://www.dwc401k.com/blog/decoding-the-alphabet-soup-whats-with-all-the-acronyms-part-5>

[![DWC News Update: The CARES Act: Federal Coronavirus Relief](https://www.dwc401k.com/hubfs/Blog/Mega%20Nav%20Featured%20Blog%20Image.png) ](https://www.dwc401k.com/blog/cares-act-federal-coronavirus-relief-dwc-news-update)

## [ The CARES Act: Federal Coronavirus Relief ](https://www.dwc401k.com/blog/cares-act-federal-coronavirus-relief-dwc-news-update)

[ Back to Knowledge Center ](https://www.dwc401k.com/blog)

![Can Higher Than Normal Turnover Affect my 401(k) Plan? | Part 3 of 3: The Results](https://www.dwc401k.com/hs-fs/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20with%20category%20name/hero_pp_png_category.png?width=800&name=hero_pp_png_category.png)

# Can Higher Than Normal Turnover Affect my 401(k) Plan? | Part 3 of 3: The Results

[ DWC ](https://www.dwc401k.com/blog/author/dwc) |

 Published: 02/19/2019 

|

[Question of the Week (QOTW)](https://www.dwc401k.com/blog/topic/question-of-the-week-qotw), [DWC](https://www.dwc401k.com/blog/topic/dwc), [Plan Compliance](https://www.dwc401k.com/blog/topic/plan-compliance), [Forfeitures](https://www.dwc401k.com/blog/topic/forfeitures), [Vesting](https://www.dwc401k.com/blog/topic/vesting), [Partial Plan Termination](https://www.dwc401k.com/blog/topic/partial-plan-termination), [Pension Primer](https://www.dwc401k.com/blog/topic/pension-primer)

## **Facts**

In [last week’s QOTW](https://www.dwc401k.com/blog/can-higher-than-normal-turnover-affect-my-401k-plan-doing-the-math), you provided some tools we could use to identify which participants were affected by our decision to close one of our locations, and to calculate our actual turnover rate for purposes of  determining whether a partial plan termination has occurred.

We’ve performed the review, and our minimum turnover rate will exceed 20%. Depending on which employees accept our relocation offer, we may have even more folks who terminate during this time frame.

## **Question**

Since it looks like a clear-cut partial termination, the only real question we have is what happens now?

## **Answer**

For all the work it took to get to this point, there is really only one repercussion when dealing with a partial plan termination – vesting.  Any employee who is affected must immediately have their vested percentage accelerated to 100%, regardless of how long they have worked for the company.

In this situation, you have identified your affected employee group and determined that a partial plan termination will occur. This makes the first part of the process pretty simple; those in the affected group who are not already fully vested must be adjusted to 100%.

But you know that if we’ve been talking about this for three weeks, there must be more to the story!  It can’t be this short and simple!

In your case, this is a planned event and you can see the turnover coming. Thus, you are able to plan for it and address the vesting requirements for the affected participants.  This isn’t always the case though.  What if the writing isn’t on the wall and an event that significantly impacts your turnover sneaks up on you?  Or, more likely, what if a seemingly benign event turns out to be more significant than expected?  Since the measurement period can span several years, it could have a subtle beginning without anyone realizing it.  How can you possibly be expected to predict the future?

An example of this conundrum was the recession of almost a decade ago.  The official dates of that recession are from December 2007 through June 2009; however, many companies started feeling the effects earlier and/or continued experiencing them longer.  The duration may be obvious in retrospect, but it was difficult to predict the end date while in the midst of it.  As a result, a company could have experienced a partial termination, not known about it, and paid out affected participants at something less than full vesting.

The [forfeitures](https://www.dwc401k.com/knowledge-center/retirement-plan-forfeitures-faqs-about-timing-and-use) that result from those pay-outs present a bit of a Catch 22.  The rules require plan sponsors to use up forfeitures relatively quickly, usually not later than the end of the year after they occur.  But, if it is later determined that a partial termination occurred, those forfeitures might not have truly been forfeitures in the first place since those participants should have had their vesting accelerated.

One potential solution is that if you think a partial plan termination may occur, delay using forfeitures for other purposes for as long as possible.  That will leave those amounts available to reinstate accounts that end up having to be vested.  Otherwise, the company will need to come up with the dollars to make the affected participants whole.

Another approach you can take if you suspect, but are not sure, that a partial termination is in the cards is to proactively amend your plan to fully vest the affected participants.  Of course, that means you would be voluntarily foregoing the ability to use amounts that could become forfeitures, but it also takes away any uncertainty about whether participant distributions are paid properly.

If you think you might have experienced a partial plan termination, please give us a call.  We are happy to review your situation and help you come up with a game plan. For more information about partial plan terminations and forfeitures, please visit our Knowledge Center [here](https://www.dwc401k.com/blog/topic/partial-plan-termination) and [here](https://www.dwc401k.com/blog/topic/forfeitures).

Want a printable version of this article? [Click here](https://www.dwc401k.com/hubfs/Printable%20Articles/QOTW%20-%202.19.2019%20-%20Can%20Higher%20Than%20Normal%20Turnover%20Affect%20My%20401k%20Plan%20-%20Part%203%20of%203%20-%20Plan%20Compliance.pdf). 

[![Submit Your Question Today](https://no-cache.hubspot.com/cta/default/3113501/ea1283f0-31cd-4e2b-ac92-d185c9da303c.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/ea1283f0-31cd-4e2b-ac92-d185c9da303c)

- Share
- [**](https://www.facebook.com/sharer/sharer.php?u=https://www.dwc401k.com/blog/can-higher-than-normal-turnover-affect-my-401k-plan-the-results&title=Can%20Higher%20Than%20Normal%20Turnover%20Affect%20my%20401(k)%20Plan?%20|%20Part%203%20of%203:%20The%20Results&picture=https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20with%20category%20name/hero_pp_png_category.png&description=Now%20that%20we%20know%20how%20to%20determine%20whether%20our%20higher%20than%20normal%20turnover%20constitutes%20a%20partial%20plan%20termination,%20how%20do%20we%20handle%20it?%20Find%20out%20in%20the%20final%20installment%20of%20the%20three%20part%20Question%20of%20the%20Week%20series.)
- [**](https://twitter.com/share?url=https://www.dwc401k.com/blog/can-higher-than-normal-turnover-affect-my-401k-plan-the-results&hashtags=)

## Browse categories

[ DWC Developments ](https://www.dwc401k.com/blog/topic/dwc-developments)

[ Industry Insights ](https://www.dwc401k.com/blog/topic/industry-insights)

[ Regulatory Round-Up ](https://www.dwc401k.com/blog/topic/regulatory-round-up)

[ Cash Balance Corner ](https://www.dwc401k.com/blog/topic/cash-balance-corner)

[ 401(k) Q&A ](https://www.dwc401k.com/blog/topic/401k-qa)

[ Operational Overview ](https://www.dwc401k.com/blog/topic/operational-overview)

[ Lessons from Litigation ](https://www.dwc401k.com/blog/topic/lessons-from-litigation)

[ Pension Primer ](https://www.dwc401k.com/blog/topic/pension-primer)

[ Browse by Topic ](https://www.dwc401k.com/knowledge-center-topics)

## Subscribe to our newsletter

### Only the Best Retirement Industry Content

Get our 401(k) and defined benefits content delivered directly to your inbox.

Subscribe for Updates

| Certificate of Fiduciary Excellence |
| --- |
|  |

#### As Featured In

[![fl-wall-street-journal](https://www.dwc401k.com/hubfs/_global/footer-logos/fl-wall-street-journal.png) ](https://www.wsj.com/articles/how-to-manage-your-target-date-fund-after-retirement-1488769981)

[![fl-the-hill](https://www.dwc401k.com/hubfs/_global/footer-logos/fl-the-hill.png) ](https://thehill.com/)

[![fl-bloomberg-BNA](https://www.dwc401k.com/hubfs/_global/footer-logos/fl-bloomberg-BNA.png) ](https://www.bloombergbna.com/)

[![fl-US-News](https://www.dwc401k.com/hubfs/_global/footer-logos/fl-US-News.png) ](https://money.usnews.com/investing/articles/2017-04-12/pros-and-cons-of-401-k-brokerage-options)

[![fl-yahoo-news](https://www.dwc401k.com/hubfs/_global/footer-logos/fl-yahoo-news.png) ](https://www.yahoo.com/news/pros-cons-401-k-brokerage-options-135040365.html)

[![fl-plan-sponsor](https://www.dwc401k.com/hubfs/_global/footer-logos/fl-plan-sponsor.png) ](https://www.plansponsor.com/cits-lower-fees-seen-as-an-advantage-over-mutual-funds/)

©    DWC - The 401(k) Experts | P.O. Box 241267, St. Paul, MN 55124

### Sign up to receive insights from DWC