Checklist for Employee Benefit Plan Sponsors

Companies have a responsibility to serve employees by protecting their retirement benefits. This responsibility is the main role of a retirement plan fiduciary.

Fiduciaries are obliged to act according to prudent financial standards, and there are penalties associated with negligence. This is especially true in today’s environment, in which fiduciaries are closely scrutinized by state and federal government agencies, including the IRS and Department of Labor (DOL).

Fiduciary Checklist

This comprehensive checklist can help you operate your plan in accordance with the terms of your plan documents, reduce operational defects, and fulfill many of your fiduciary responsibilities to your employees. Please note your specific fiduciary company checklist may be more detailed as your plan design evolves and responsibilities within the organization change.

If you’d like to view a PDF version of the checklist, please click here.

green and white colored checklist

We’re Here to Help

Established in 1974—the same year of the Employee Retirement Income Security Act—our employee benefit plans group continues to grow in size and experience to meet the complex and emerging needs of our clients. If you have questions or would like assistance, please contact your Moss Adams professional. 

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