The Hidden Governance Risks in Employee Benefit Plans

Podcast: Joe Talks Nonprofits · Joe Blatt

Opublikowano: 2026-09-28

Most nonprofit boards are overlooking a fiduciary risk hiding in plain sight: employee benefit plans. If your organization has a 401(k), 403(b), or a defined benefit retirement plan, this episode explains why the board may already be the default fiduciary—and what that means for compliance, oversight, and personal liability. Joe Blatt brings 40 years of public accounting experience to the conversation, breaking down the governance blind spots that can leave well-meaning nonprofit boards exposed. He explains why employee benefit plans are not just an HR issue, why undocumented decisions create real risk, and why “if it’s not documented, it did...