Fiduciary Best Practices // A Comprehensive Checklist for Fiduciaries

The following are areas of review that retirement plan fiduciaries may want to consider when fulfilling their fiduciary responsibilities. While fiduciaries may want to consider reviewing this checklist on an annual basis, the timing of review for individual items depends on the facts and circumstances surrounding your plan. Plan sponsors and plan officials are encouraged to consult their ERISA counsel for additional guidance and information.

Checklist includes your role as a fiduciary, basic duties, investments, service providers, participant education, and administrator basics.