April 20, 2017

How to Understand and Manage Liability Exposure for 401(k) Committee Members

Overview

The employees who are responsible for your company’s 401(k) plan are considered fiduciaries and have exposure to personal liability. Now, more than ever, you must take seriously your role as a 401(k) plan sponsor.

The purpose of this discussion is to review best practices for fiduciary management and specific steps that can be taken to protect plan fiduciaries.

Topics discussed:

  • Who Qualifies as a Fiduciary
  • Fiduciary Responsibilities
  • DOL Audit Risk
  • New Generation of Fiduciary Lawsuits
  • Hot Issues Facing Plan Fiduciaries
  • Practical Lessons from Litigation
  • Actions to Limit Fiduciary Liability

Services and Industries

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