401(k) Plan Administrator -- Sign-on bonus! Blue Ridge ESOP Associates
|
Definiti
|
DC/DB Retirement Plan Administrator Steidle Pension Solutions
|
Quantech Pensions LLC
|
CMC Pension Professionals
|
Experienced DC Administrator/ Reviewer MGKS
|
Definiti
|
ESOP Administrator -- Sign-on bonus! Blue Ridge ESOP Associates
|
Carpenter Morse Group
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
![]() |
![]() ![]() ![]() |
Webcasts > | Upcoming, by Date | Recorded |
Conferences > | Upcoming, by Date | Upcoming, by State |
Combined > | Upcoming, by Date | Recorded or Upcoming, by Sponsor |
View More Lorman Education Services Webcasts and Conferences
Fiduciary Protection for Default Investments in 401(k) and Other Retirement PlansLorman Education Services |
Apr. 30, 2019 Recorded Online Webcast |
Review basic fiduciary standards and duties, and how ERISA Section 404(c) may relieve fiduciaries of these duties for a participant’s directed investment. Most 401(k) and other defined contribution retirement plans allow participants to choose their own investments. When plan fiduciaries allow participants to choose their own investments, the fiduciaries are protected from liability if certain conditions are met. Notwithstanding, in some cases, participants do not take advantage of the opportunity to choose their own investments. The plan fiduciaries are then forced to choose an investment, thus reviving the potential liabilities associated with allegations that the choice was imprudent and resulted in losses in the form of actual investment losses, as well as fees. Many fiduciaries do not understand that they are even making those choices and incurring potential liabilities. There are regulations that provide fiduciaries with protections when they are forced to choose a participant’s investments by default. This information will assist fiduciaries in taking advantage of and attaining those protections. Learning Objectives:
Faculty: John C. Hughes, Counsel, Hawley Troxell LLP |