If you are an employer who current offers a Qualified Retirement Plan, then you are likely to be the Trustee for that Plan. Plan Trustees are obligated by federal law to undertake a number of safeguards on behalf of plan participants. This includes making sure all costs are known and known to be reasonable, providing adequate investment education to plan participants, and ensuring that plan participants can effectively diversity their investments.
As the Plan Trustee, these are activities you must either do or oversee. As an Accredited Investment Fiduciary® we can take on the fiduciary responsibility that, in effect, helps you comply with your legal responsibilities.