The employees who are responsible for your company’s 401(k) plan are considered fiduciaries and have exposure to personal liability. Now, more than ever, you must take seriously your role as a 401(k) plan sponsor.

The purpose of this discussion is to review best practices for fiduciary management and specific steps that can be taken to protect plan fiduciaries.

Topics discussed:

  • Who Qualifies as a Fiduciary
  • Fiduciary Responsibilities
  • DOL Audit Risk
  • New Generation of Fiduciary Lawsuits
  • Hot Issues Facing Plan Fiduciaries
  • Practical Lessons from Litigation
  • Actions to Limit Fiduciary Liability