The administrator of the plan is the plan sponsor, however someone else can be named as the sponsor in the plan document. The responsibilities include- 1) managing the plan assets to reduce risk of loss, 2) act on the interests of the beneficiaries, 3) act accordingly under the terms governing the plan.

ERI's 2026 Benefits Benchmarking Survey Highlights
Read More
United States and Canada Minimum Wage Updates - June 2026
Read More
Do Geographic Pay Differentials Account for Inflation?
Read MoreWHITE PAPERS

National Compensation Forecast April 2026
Read More
Compensation Strategies for Remote Work and Organizational Culture – Fall 2025
Read More
Planning Global Compensation Budgets for 2026 - January 2026
Read More
Common Compensation Terms and Formulas - January 2026