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Contract Pointers for Retirement Plan Fiduciaries Retaining Service Providers
Winston & Strawn LLP Link to more items from this source
Feb. 5, 2014
"Confirm the appropriate signatory for the service agreement.... Confirm whether the service provider will make the plan whole for losses caused by the service provider's errors ... [C]onfirm the service provider's insurance coverage and policy limits ... and request a certificate of insurance for the insurance policies, as well as prompt notice of any adverse change to the policies.... [C]ompare the draft fee schedule in the service agreement against the 408(b)(2)-related fee disclosure provided by the service provider[.]"

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