EPIC Retirement Plan Services
Randall & Hurley, Inc.
Loren D. Stark Company
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|DOL Issues Field Assistance Bulletin 2002-2 on Plan Amendments by Multiemployer Plan Trustees|
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Nov. 14, 2002
Excerpt: [W]here relevant documents ... contemplate that the board of trustees of a multi-employer plan will act as fiduciaries in carrying out activities which would otherwise be settlor in nature, such activities would be governed by the fiduciary provisions of ERISA.... [But if] the relevant plan documents are silent, then the activities of the board of trustees which are settlor in nature generally ... would not be fiduciary activities subject to Title I of ERISA.
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