Nova 401(k) Associates
Retirement Plan Solutions, Inc.
Defined Contributions Consultant
Plan Design Consultants, Inc.
Healthcare Actuarial Consultant
Retirement Plan Sales Consultant
IUOE Local No. 478 Employee Benefit Funds
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|ERISA Advisory Council Issues Outsourcing Report (PDF)|
Mar. 17, 2015
"The council believes that the DOL should clarify the legal standards applicable to plan fiduciaries in the following areas:  The plan sponsor's fiduciary duties when the plan document designates a named fiduciary other than the plan sponsor.  A plan fiduciary's scope of liability when the fiduciary hires a service provider who is not a fiduciary.  Whether a plan fiduciary who hires another fiduciary has obligations beyond the duty to select and monitor the hired fiduciary.  More guidance on the standard of knowledge required to hold a co-fiduciary liable for the actions of another fiduciary."
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