Compliance April 8, 2014

DOL Seminars in June, July for Plan Fiduciaries

April 8, 2014 (PLANSPONSOR.com) – This summer, the Department of Labor (DOL) will be holding free seminars about fiduciary responsibilities in Hartford, Connecticut, and Oklahoma City, Oklahoma.
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The DOL’s “Getting It Right: Know Your Fiduciary Responsibilities” seminars are designed to increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan. Topics covered for plan fiduciaries in these seminars will include:

  • Understanding the plan and the fiduciary’s responsibilities;
  • Carefully selecting and monitoring service providers;
  • Making contributions on time;
  • Avoiding prohibited transactions; and
  • Making appropriate disclosures to plan participants and filing annual reports to the government on time.

The Hartford seminar will be held Tuesday, June 3, from 8:30 a.m. to 4:30 p.m. More information, including how to register, can be found here.

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The Oklahoma City seminar will be held Thursday, July 10, from 8:30 a.m. to 4:30 p.m. More information, including how to register, can be found here.

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