Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|Meeting Your Fiduciary Responsibilities (PDF)|
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Aug. 17, 2004
Excerpt: To meet their responsibilities as plan sponsors, employers need to understand some basic rules, specifically the Employee Retirement Income Security Act (ERISA). ERISA sets standards of conduct for those who manage an employee benefit plan and its assets (called fiduciaries). 'Meeting Your Fiduciary Responsibilities' provides an overview of the basic fiduciary responsibilities applicable to retirement plans under the law.
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