1. The Risks of Employee Benefit Plans
... with ERISA 404(c) guidelines. • Provide the three core investments required by ERISA. • Provide Internet access and daily valuations. An employer's legal responsibility as a fiduciary for retirement plans is somewhat clear, perhaps, compared to the moral responsibilities that accompany employing someone. With the overload of financial information provided to employees today (both at work and home) today, many ... of providing benefits to plan participants • The Fiduciary must exercise the same care, skill, and diligence that a prudent person, who is knowledgeable about the administr...
- Word Count: 1636
- Approx Pages: 7
- Grade Level: Undergraduate