Medical practice retirement plans typically have more assets than the plans of other non-medical businesses with a similar number of participants. And with most of the assets held by the partners/owners, it should come as no surprise that one of the biggest reasons why medical practice plan sponsors decide to make changes to their plan is high assets under management (AUM) fees and higher-than-necessary expense ratios for the plan investment options.

While minimizing cost is important, there are several other key considerations that plan sponsors should know about. Management of larger medical and dental plans (with two-plus owners) can be challenging due to the following factors:

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Medical Practice Group Retirement Plans: The Good, the Bad and the Ugly