Dear Plan Sponsor,
A fiduciary is defined as someone acting in a position of trust on behalf of, or
for the benefit of, a third party.
- As a 401(k) plan sponsor, you are fiduciary and it is important that you always
act in the best interest of your 401(k) plan participants.
- The best way to accomplish this is to make sure that your plan and its investment
options adhere to the plan's Investment Policy Statement (IPS).
- The IPS defines the duties and responsibilities of the investment committee and investment
selection and monitoring criteria.
To help you fulfill your fiduciary responsibility, Please login to download electronic documents