The introduction of Sarbanes-Oxley and changes in ERISA has intensified a company’s fiduciary responsibility to disclose all pertinent financial data in their dealings with investors and employees. Current lawsuits seek to establish that plan sponsors and associated fiduciaries violated their duty of “prudently managing” 401(k) plans and their assets. The question is how do plan sponsors best manage the personal liability, short of terminating their plan?
401k Advice
Our advice is designed to educate plan sponsors in how to create and implement processes managing their fiduciary liabilities. In short, our goal is to help plan sponsors craft a plan of excellence for themselves and their employees.
401k Services:
401K Consulting ServicesWe have become one of Chicago’s best independent |
401k Fiduciary AccountabilityNo matter how many advisors, committees, or board members participate in the decisions of running a 401(k) plan, ultimate responsibility for
401(k) plan’s performance rests squarely upon the sponsor… |
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Planned SponsorsPlan Sponsors have a multitude of tools at their disposal with our robust platform. Most Plan Sponsors have access to the up to the minute account information on the RPG website. |
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