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Health and Welfare Plan Fiduciary Compliance Reviews: Benefits and Best Practices
Nixon Peabody LLP Link to more items from this source
Nov. 17, 2023

"Fiduciaries should strive to mitigate risks proactively by formalizing a fiduciary compliance review process. A solid process involves evaluating plan documents, participant communications, service provider agreements, and service provider performance to identify potential risks. Making corrections and taking steps to minimize risk can help reduce the chance of costly litigation in the future."

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