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GAO Report: Fulfilling Fiduciary Obligations Can Present Challenges for 401(k) Plan Sponsors
U.S. Government Accountability Office [GAO]
Aug. 17, 2008
45 pages. "GAO examined: [1] common 401(k) plan features, which typically have important fiduciary implications, and factors affecting these decisions; [2] challenges sponsors face in fulfilling their fiduciary obligations when overseeing plan operations; and [3] actions Labor takes to ensure that sponsors fulfill their fiduciary obligations, and the progress Labor has made on its regulatory initiatives." [GAO-08-774, published Jul. 16, 2008, released Aug. 15, 2008]
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