Get more! Sign up for PLANSPONSOR newsletters.
Compliance June 29, 2018
Fiduciary Responsibilities Seminar to Be Held in Miami
Topics to be covered include: Understanding your plan and your responsibilities; carefully selecting and monitoring service providers; avoiding prohibited transactions; and more.
Reported by
Rebecca Moore
The Department of Labor (DOL) Employee Benefits Security Administration (EBSA) announced its “Getting It Right – Know Your Fiduciary Responsibilities” seminar will be held in Miami, Florida, on September 18.
The compliance assistance program will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.
Topics to be covered in the seminar include:
- Understanding your plan and your 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.
More information and a link to register are here.
The DOL previously announced its seminar will be held in Chicago on July 10.You Might Also Like:
Consent Order Allows DOL to Give Lost Retirement Plan Assets to Law Firm Employees
The firm’s nearly $6.5 million in retirement plan assets have now been properly distributed to employees.
Abandoned 401(k) Plan in Washington State Gets DOL-Appointed Fiduciary
The plan had been frozen since its sponsor, an aerospace company, closed in 2023.
DOL Announces 2 Employer Webinars
The events, both scheduled for mid-October, concern health plan investigations and voluntary fiduciary correction programs.
« IRS and DOL Asked for Better Guidance on Missing Participants
