How Plan Sponsors Can Close the Recordkeeper Oversight Gap (Before It Gets Wider)
Michelle Capezza was quoted in Fiduciary News discussing plan sponsors' responsibility to oversee retirement plan service providers and understand the allocation of fiduciary duties under ERISA.
Michelle said, “The plan sponsor and fiduciaries must prudently select and monitor their service providers and their delegees of fiduciary responsibility on an ongoing basis. There is no set it and forget it approach. Plans cannot run on autopilot.”
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