Recent surveys have highlighted troubling gaps in executives' understanding of their fiduciary duties.
All to often, office managers, HR staff and others have been assigned to run the plan, having little to no understanding of what is really being asked of them. Those who work with their company’s plan need to know what missteps look like when they see them. Fiduciaries are collectively responsible for the plan. A fiduciary’s involvement survives the life of the plan, well after they resign as a fiduciary.
Dive into ERISA and its fiduciary roles
Learn how to protect yourself from liability with proper documentation
Learn what regulators expect you to understand about your plan
Learn what new features and technology you may be missing out on
Learn what has changed in service provider options and fee arrangements, and how to choose the best one for your participants
To minimize potential personal and corporate liability plan fiduciaries need formal training.
You can’t ever eliminate 100% of your potential liability, but you can limit and mitigate it. We will teach you how. We provide a 2-hour onsite or virtual fiduciary training session. Attendees will receive a certificate of completion for their employers ERISA compliance file.