Fiduciary Responsibilities of Plan Sponsors (Employee Benefit Plans Conference)

Earn CPE anywhere!

Hear from Thomas M. Murphy on the following:

• How to choose a third-party adviser and understanding the difference between fiduciary 3(21) & 3(38)
• Paying reasonable expenses for the plan, including benchmarking fees and performance of plan against industry averages
• Maintaining adequate fidelity bond coverage
• Administrative responsibilities and timely and correct depositing contributions
• Safeguarding clients’ assets
• Cyber security- what to look for, suggested procedures, access to plan data, personal information and financial data