Is it time to review your plan’s operations?

Description

Abstract: With the numerous DOL standards that plan fiduciaries must meet, a fiduciary’s job seemingly never ends. Satisfying fiduciary obligations in administering a retirement plan for the benefit of plan participants, however, need not be unduly onerous if one follows an organized, methodical approach to the task. This article reviews the difference between fiduciary and settlor functions and details key fiduciary tasks.