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As a Retirement Plan Sponsor, you are held to high standards in maintaining a program that
will remain on solid footing.
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Fiduciary:
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Anyone who exercises discretionary authority, or control, over the management of your plan. Fiduciaries
have a duty of loyalty to the plan and are responsible for operating and managing the plan for the
exclusive benefit of participants and their beneficiaries.
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A Fiduciary must:
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- Select and monitor plan investments
- Choose and monitor those who service the plan
- Ensure that plan document provisions are adhered to by those operating the plan
- Evaluate participant education and communication
- Ensure that the plan meets the minimum standards of the Internal Revenue Code and ERISA
- Ensure that plan expenses are reasonable
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For help in understanding and executing your fiduciary responsibilities, contact your Regional Gardner &
White Representative to arrange for a meeting…or ask for a free copy of our Fiduciary Responsibility Guide.
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Contact G&W
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