Subscribe Now!
Free Daily News, Jobs, Webcasts, Discussions
Display and Distribute
Your Job Openings
COVID-19 News
COVID-19 Webcasts

Featured Jobs

Pensions Plan Administrator

Quantech Pensions LLC
(Anaheim CA)

401(k) Plan Administrator -- Sign-on bonus!

Blue Ridge ESOP Associates

Blue Ridge ESOP Associates logo

Manager, Defined Contribution Administration

(Telecommute / The Woodlands TX / University Place WA / Dallas TX / Erie PA / Canonsburg PA / West Palm Beach FL)

Definiti logo

Document Specialist

(Telecommute / University Place WA / The Woodlands TX / Erie PA / Dallas TX / FL)

Definiti logo

Client Manager

CMC Pension Professionals
(Telecommute / CA)

CMC Pension Professionals logo

Retirement Plan Administrator

Carpenter Morse Group
(Telecommute / Longwood FL)

Carpenter Morse Group logo


Actuarial Benefits & Design Company
(Telecommute / VA)

ESOP Administrator -- Sign-on bonus!

Blue Ridge ESOP Associates

Blue Ridge ESOP Associates logo

Retirement Plan Distribution Specialist

Karel-Gordon & Associates
(Northbrook IL)

Karel-Gordon & Associates logo

Retirement Plan Consultant

(Telecommute / Dallas TX / University Place WA / The Woodlands TX)

Definiti logo

Retirement Plan Administrator

Atlantic Pension Services Inc
(Telecommute / Kennett Square PA)

Atlantic Pension Services Inc logo

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon
Webcasts  >  Upcoming, by Date   |   Recorded
Conferences  >  Upcoming, by Date   |   Upcoming, by State
Combined  >  Upcoming, by Date   |   Recorded or Upcoming, by Sponsor

View More Strafford Webcasts and Conferences

Proprietary Funds in 401(k) and Retirement Plans: A View From the Trenches


Aug. 9, 2017
Recorded Online

Recorded August 9, 2017

Navigating Prohibited Transaction Rules, Fiduciary Duties, and the Recent Surge in DOL Investigations and Civil Litigation

Financial services companies typically offer their own products — mutual funds, insurance contracts, collective trusts — to their employees in their company-sponsored 401(k) and retirement plans. These proprietary, or affiliated, products can create additional risks for sponsors and fiduciaries and raise complicated issues under ERISA’s prohibited transaction and fiduciary rules.

These complex issues have recently moved front and center in both the regulatory and litigation arenas as private plaintiffs and the government challenge the prudence and performance of these investments and associated fees and expenses. These challenges raise the specter of a finding of imprudence related to a sponsor’s own products that are marketed to the sponsor’s customers, an unenviable situation that can expose a plan sponsor to costly litigation or regulatory action.

The panel will review these and other key issues:

  • What are the peculiar problems associated with the offering of proprietary funds, and the varied—and peculiar—legal standards governing their use?
  • How might a finding of a fiduciary breach impact the sponsor’s business model?
  • What steps can be taken to avoid problems before they erupt into a DOL investigation and/or an ERISA class action?

More Information, How to Register

© 2021, Inc.