Fiduciary Duty, Personal Liability, Benefit Plan Sponsors

Why Fiduciary Training Should Be a Priority for Your Retirement Plan Committee

Bricker Graydon LLP on 6/19/2025

If you serve on a retirement plan committee, you’ve taken on an important and legally significant role. As a fiduciary under the ERISA, you are personally liable for the decisions you make regarding the plan. That’s not a...more

Carefully Consider Fiduciary Obligations

Ruder Ware on 5/24/2019

The sponsorship of a qualified retirement plan can be rewarding but frustrating – there are so many rules. Unfortunately agricultural employers are not given a break when it comes to sponsoring such retirement plans. ...more

Best Practices for Retirement Plan Fiduciaries

Poyner Spruill LLP on 8/20/2018

If you help manage a retirement plan, you may be a fiduciary under federal law. Fiduciaries have significant legal duties, and may have personal liability for breaching those duties. Below are four best practices that can...more

The Rosenbaum Law Firm Review - January 2017

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on 2/1/2017

Concepts You May Not Be Aware Of As A 401(k) Plan Sponsor. Quite a few things out there. As a child, I was never taught the birds and the bees. I was actually handed some cartoon book from my parents when I was...more

New Fiduciary Rule & Its Impact on Retirement Advice for Plan Sponsors

Miles & Stockbridge P.C. on 4/26/2016

After much controversy and criticism, the Department of Labor (DOL) issued a final conflict of interest rule on April 6th (the “Final Rule”) which expands the definition of a fiduciary for an “employee benefit plan,” as...more

Delinquent Contributing Employer May Be Fiduciary

Proskauer - Employee Benefits & Executive... on 3/11/2015

The Second Circuit held that the owner of a contributing employer to multiemployer benefit plans breached his fiduciary duties by failing to make required contributions and was thus personally liable for the delinquencies,...more