FIDUCIARY GOALS

• Identify plan fiduciaries and understand the extent of their specific responsibilities
• Assist your compliance 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 help facilitate necessary updates
• Compliance assistance with reporting and disclosure requirements
• Ensure that individuals are properly bonded and covered by liability insurance and more
• Evaluation of plan design and compliance issues
• Benchmarking of Total Plan Cost
• 404(c) Notice and Statement Assistance
• Compliance Checklist
• Fiduciary File Checklist
• Investment Committee Charter
• Ongoing Best Practices
• Plan document review for timely and accurate restatement and amendment(s)
• Eligibility, enrollment, contributions, and distributions process review
• Identify administrative outsourcing opportunities
• Safe Harbor and Roth 401(k) plans
• Legislative & regulatory updates