Meeting minutes are an important aspect of the fiduciary process. Learn what to include, what to skip, and about the risks of using AI to record committee meetings and minutes.
Category: Plan Fiduciary Insights
Ingredients for “the Market”: Chips, Rockets, and No Profits
Explore how index construction has changed and why that change now carries real fiduciary weight.
Managing Investment Adviser Conflicts
Explore how common investment adviser compensation structures can create conflicts of interest that undermine retirement outcomes and increase fiduciary risk for plan sponsors.
Selecting Designated Investment Alternatives – Proposed DOL Rule
The Department of Labor’s proposed rule establishes a process-based safe harbor for ERISA fiduciaries selecting designated investment alternatives, emphasizing documented decision-making across six key factors to support prudence while expanding flexibility to include alternative assets.
10 Traits of Top-Tier Recordkeepers
What are the traits of the best recordkeepers in the business? Check out this blog post to find out.
Supreme Court Decision Impacts Retirement Plan Sponsors
Explore the Supreme Court’s recent decision in Cunningham v. Cornell University, which shifts the burden of proof in ERISA litigation to retirement plan sponsors. Learn how this ruling increases the risk of “excessive fee” lawsuits and what fiduciary steps plan sponsors should take to mitigate exposure and ensure compliance.
Supreme Court Makes It Easier to Sue for “Excessive Fees”
The Supreme Court’s decision shifts the burden of proof to the defendant (plan sponsor) in the initial stages of a “prohibited transaction” or “excessive fee” ERISA lawsuit.
Your Plan’s QDIA: Active vs. Passive Target Date
Your selection of your retirement plan’s QDIA is a critical decision that impacts a large number of plan participants. Weigh both active and passive target date funds as viable QDIA options.
Using Plan Assets to Pay Plan Expenses
Learn about the distinction between settlor and non-settlor expenses under ERISA, the proper use of participant forfeitures, and steps plan fiduciaries should take to ensure plan assets are used appropriately when paying plan expenses.
Managed Accounts: Weighing Cost and Customization
Learn about the rise of managed accounts as a QDIA and understand the difference between target date funds and professionally managed accounts.
