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401(k) Plan Sponsors and the Risk of Fiduciary Liability
Fiduciary News; registration may be required 
Feb. 22, 2012 [A]ccording to a Fact Sheet released by the DOL in February of 2011, nearly four out of five [investigations] resulted 'in monetary results for plans or other corrective action' totaling in excess of $1 billion dollars in fines. If all this weren't bad enough, the DOL now says it will hold 401k plan sponsors liable even if it is their service providers who fail to comply ... Life just got a lot harder for 401k plan sponsors. MORE >> |
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