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| Text of DOL Brief in N.D.N.Y. Case on Duties of Corporate Directors as Pension Plan Fiduciaries U.S. Department of Labor, Office of the Solicitor  Aug. 9, 2004 Agway Inc. Employees' 401(k) Thrift Investment Plan v. Magnuson (June 18, 2004). Excerpt: [T]he Plan divides the fiduciary obligations among the named fiduciaries: the Investment Committee has responsibility for managing the assets of the Plan, the Administration Committee has responsibility for all other aspects of the administration of the Plan, and the Director Defendants appoint the Committees and the trustee. |
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