Our responsibility as Fiduciaries

• Assume all of employer’s plan responsibilities
• Manage the “day-to-day” affairs
• Monitor other named fiduciaries
• Statutory responsibility for making disclosures
• Ensure compliance of plan operation with plan document
• Statutory responsibility for preparation and filing of all required documents to Federal Government (e.g. 5500 report)
• Hire and manage the custodian
• Hire and manage the record keeper
• Maintain fiduciary liability insurance

• Hold all service providers accountable
• Advisor education and training
• Billing and payment monitoring
• Employee support
• Be a “catch-all” regarding fiduciary responsibility
• Ensure that “prudence” exists within
  plan environment
• Responsible for management of assets
• Selection, monitoring and (if necessary)
  replacement of investment alternatives
• Creation and implementation of investment
  strategy
• Account management

• Efficient portfolio design and
  maintenance
• Performance reporting, research
  and analytics
• Prudent portfolio construction
• Regulatory compliance and updates
• Discretionary authority over plan
  management and disposition of assets
• Appoint and monitor other fiduciaries
• Ensure all fees charged to plan
  participants are reasonable