Tag: 404c

ERISA 404(c) Compliance Well Worth the Effort

Frederick Reish, partner in the Drinker Biddle & Reath Employee Benefits & Executive Compensation Practice Group and Chair of the Financial Services ERISA Team, suggests a good way to think about ERISA Section 404(c) is as “a relatively inexpensive insurance policy.”

IMHO: “Smoke” Signals

Plan sponsors spend a lot of time wondering—and worrying—about the “right” way to do things.   

DoL: No 404(c) Safe Harbor in Fiduciary Breach Case

Secretary of Labor Hilda L. Solis has warned a federal appellate court that protections for plan participants could be harmed if it does not overturn a lower court ruling giving a directed trustee safe harbor protection against wrongdoing allegations.

Provider Choice

Insights from PLANSPONSOR's 2007 Recordkeeping Survey

Opportunity “Knocks”

The past year has brought with it an extraordinary amount of change to our industry.

Default Vault

Department of Labor QDIA regs released

Map Quest

Mapping funds remains one of the central issues in maintaining 404(c) compliance

Summary Prospectus Users Still 404(c) Eligible

Plan sponsors got a bit of a roadmap from the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) about how to rely on a summary prospectus to meet the prospectus delivery component of safe-harbor provisions.

IMHO: Duty Calls?

When it comes to qualified retirement plans, there are three kinds of people: people who are fiduciaries and know it, people who aren’t fiduciaries and know it, and people who are fiduciaries and don’t know it.

IMHO: The “Burden″ of Proof

Recently the 7th Circuit responded to requests that it reconsider its opinion in the revenue-sharing/″excessive fee″ case of Hecker v. Deere.

IMHO: The “Burden″ of Proof

Recently the 7th Circuit responded to requests that it reconsider its opinion in the revenue-sharing/″excessive fee″ case of Hecker v. Deere.