Attendees of the 2019 PLANSPONSOR National Conference heard suggestions for the composition of retirement plan committees, what should be discussed in meetings and what fiduciary training is needed.
Tag: retirement plan fiduciary duties
Topics to be covered include: Understanding your plan and your responsibilities; carefully selecting and monitoring service providers; avoiding prohibited transactions; and more.
The compliance assistance program will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.
“Monitoring your investment menu managers, your plan providers, and plan fees is an important part of your overall fiduciary responsibility,” the firm’s latest white paper states.