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| Cruise Control vs. Auto Pilot: The Need for a Third Party Review of Plan Fiduciary Functions 401kHelpCenter.com  Aug. 23, 2005 "The recent literature on qualified plan governance is replete with violations of ERISA and common law principles. By properly scrutinizing these cases, plan sponsors can learn a valuable lesson in behavior avoidance. A common pattern we often see is the self-perpetuating behavior of sponsors, fiduciaries, administrators and advisors where inertia takes over and decision-making ceases being the product of a prudent process." |
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