Fiduciary Compliance

Instilling Confidence

Navigating today’s ever-changing and increasingly complex legal and fiduciary compliance landscape can be … well … a nightmare. We instill confidence in your investments with our Fiduciary Fitness Program™. This proprietary program lets you measure the health of your plan by zeroing in on any existing fiduciary gaps, reviewing the proper process, documenting who’s responsible for what and giving you a long-term plan.

The program makes it easier for you to:

• Identify plan fiduciaries and understand the extent of their specific responsibilities
• Attempt to comply with ERISA §404(a) and §404(c)
• Document the hiring process for service providers
• Identify parties in interest to the plan and take steps to monitor transactions
• Understand major exemptions under ERISA that permit transactions with parties in interest
• Review plan documents in light of current plan operations and make necessary updates
• Comply with reporting and disclosure requirements
• Ensure that individuals are properly bonded and covered by liability insurance, and more

Fiduciary Best Practices

Our best practices will help assure your i’s are dotted and your t’s are crossed. You’ll have access to:

• Fiduciary Diagnostic™: This periodic compliance gap analysis demonstrates what plan sponsors and fiduciaries need to address, and documents plan management responsibilities in over 20 key areas.
• Fiduciary Plan Review™: This review examines plan design and documents prudent processes.
• Education Modules: The modules cover over 20 education topics from fiduciary responsibilities to employer securities and real property to mergers and acquisitions.
• Documentation modules: You’ll receive guidelines for documenting compliance, including positive evidence of fulfilling fiduciary obligations under ERISA and tax requirements under the Internal Revenue Code.