Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Offering Company Stock As an Investment Option in Retirement Plans (PDF)
McKenna Long & Aldridge LLP June 10, 2011
Because many managers have the power to determine the investment offerings of the company's retirement plans, control the company's stock, and/or have discretionary authority or responsibility over the day-to-day administration of the plan, they are likely to qualify as 'fiduciaries' under ERISA. For this reason, a thorough understanding of the role of a fiduciary and how to implement procedures to limit fiduciary liability is important for managers.
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