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401(k) Fiduciary Responsibilities for Plan Sponsors and Financial Advisors
Charter Financial Publishing Network Inc. 
July 28, 2011
So what should fiduciaries be doing to protect themselves? Performing due diligence of 401(k) providers to review costs and conflicts, purchasing fiduciary liability insurance, closely monitoring funds and providers, and setting up an ERISA expense account to identify and capture excessive fees are just some of the actions listed on a new mini due diligence worksheet created by Millenium.
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