401(k) Fiduciary Duty: A Practical Handbook for Plan Sponsors

What ERISA requires, what can go wrong, and how to protect yourself and your employees

When a company offers a 401(k) plan, it takes on a legal obligation that most HR professionals did not go to school to manage. That obligation is fiduciary duty, and it is one of the more consequential legal responsibilities that flows from running a workplace retirement plan.

What's inside

1. What Fiduciary Duty Means Under ERISA
2. The Prudent Expert Standard in Practice
3. Who Is (and Is Not) a Plan Fiduciary
4. 3(21) vs 3(38) Fiduciary Arrangements
5. The Most Common Fiduciary Failures
6. Investment Monitoring and the IPS
7. Annual Fiduciary Review Checklist
8. Conclusion