DC Plan Administrator
Heritage Administrative Services, LLC (Woodbury NY) |
Retirement Plan Administrator
![]() Group RHI (Telecommute) |
DC Plan Administrator
![]() The Benefit Advantage (Auburn Hills MI / Telecommute) |
Defined Contribution Plan Administrator
![]() The MandMarblestone Group, llc (Philadelphia PA / Telecommute) |
Defined Contribution Plan Specialist
![]() Aprio (Alpharetta GA / AL / NC / Telecommute) |
Defined Benefit Plan Administrator
![]() AimPoint Pension (Telecommute) |
ESOP Administrator
![]() Blue Ridge ESOP Associates (VA / Telecommute) |
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3/27/2006:
Prudence in Advice Selection
(PLANSPONSOR)
Excerpt: Plan committees (or the responsible officers) are duty-bound by ERISA to select prudently investment options that are, individually and in the aggregate, suitable and prudent for the plan and for the participants. The failure of the committee to do a good job could result in lawsuits, and the failure of an employee to do a good job of investing can result in a diminished lifestyle during retirement.
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