Fiduciary Obligations for a Retirement Plan

In order to maintain a qualified retirement plan, either defined benefit or defined contribution, ERISA outlines many fiduciary obligations for those involved with the plan. Even plans not subject to ERISA, such as plans of governmental entities, are often subject to state laws that impose fiduciary obligations on those plans.

In this one-hour webinar, Gary Kushner, SPHR, CBP will discuss all of the obligations that the establishment and maintenance of a retirement plan entails, and how employers, employees, and plan service providers must work together to ensure compliance. Topics covered will include the roles of the Plan Sponsor, Plan Administrator, investment advisers and other service providers.

In addition, Gary will cover the required establishment of fiduciary processes, training of the Investment and Administration Committee members, monitoring of plan investments, and documentation of all processes in order to avoid issues when the Department of Labor comes calling.