NAPA Net - Polling Places 033123

Is Recordkeeping a “Commodity?”

Seems that every excessive fee litigation has at its core the assumption that all recordkeeping services are interchangeable – a “commodity”, if you will. This week, we’re asking you – is recordkeeping a commodity?

The question – a simple enough one, of course. But we should perhaps start with a simple definition: “A commodity is a basic good used in commerce that is interchangeable with other goods of the same type”. Something like milk – or perhaps gasoline?

Regardless, this week we’d like to know what you think – and why?

Question Title

* 1. Is recordkeeping a "commodity?"

No.

It should be, but it isn't.

Yes.

The type(s) of services may be, but the way they are delivered certainly aren't.

It shouldn't be, but it is.

Comment(s) on that?

Question Title

* 2. Why - or why don't - you think so?

Question Title

* 3. You are a/an

Recordkeeper

Something else

TPA

Consultant

Plan sponsor

Home office support

DCIO

Advisor

Comment(s) on that?

NAPA Net - Polling Places 033123

Is Recordkeeping a “Commodity?”

Question Title

* 1. Is recordkeeping a "commodity?"

Question Title

* 2. Why - or why don't - you think so?

Question Title

* 3. You are a/an

Question Title

* 4. Suggestions for future survey questions?

Question Title

* 5. want to say hi? leave your email!