How well are you fulﬁlling your ﬁduciary plan obligations?
Over the past year, the Employee Beneﬁts Security Administration (EBSA) agency of the Department of Labor (DOL) has put forth great effort to promote compliance among retirement plans. Its enforcement efforts for ﬁscal year 2017 resulted in the collection of a staggering $1.1 BILLION through plan restorations, ﬁnes and penalties - and we can expect those numbers to grow. EBSA investigations led to the indictment of 113 persons for crimes related to employee beneﬁt plans in FY 2017.1
The goal of our Fiduciary Scorecard is to provide you with the information to make better decisions and reduce your ﬁduciary risk. Regardless of your score, it is important to refresh your knowledge of ﬁduciary responsibilities.
Get started by completing the form to be redirected to the Fiduciary Scorecard!
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