Protecting the personal assets of plan fiduciaries
Top 10 Fiduciary Mistakes
Failure to:
- Establish written policies and procedures
- Follow policies and procedures
- Deal with bad funds
- Pay attention to fees
- Administer correctly, monitor periodically
- Identify conflicts of interest
- Differentiate between corporate and plan fiduciary roles
- Appropriately manage company stock
- Give employees the help they need
- Take action
