Understanding 401(k) Plan Fiduciary Roles

As a 401(k) plan sponsor or decision maker, do you know that you can be held personally responsible for mistakes in your company's 401(k) plan? Hiring the right professionals, those that can serve as fiduciaries to your 401(k) plan can help defray some of your liability. Find out how.

Corporate Sponsored 40..., Retirement PlanningChip Hymiller, AIF®, CFP®January 2, 2016401k, Corporate Sponsored Retirement Plans, Retirement Planning, Retirement Plans

Fiduciary Responsibility FAQ for 401k Plan Sponsors

The Employee Retirement Income Security Act of 1974 (ERISA) imposes strict standards of conduct on fiduciaries who have discretion over the administration and investment of 401(k) retirement plans and plan assets.

Corporate Sponsored 40..., Retirement PlanningChip Hymiller, AIF®, CFP®January 2, 2016401k, 401k Plan Sponsor, Corporate Sponsored Retirement Plans, Retirement Planning, Retirement Plans