401(k) Medics - Fiduciary Standards for 401(k) Plans www.401kmedics.com
© 2010 Portfolio Medics, LLC
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© 2010 Portfolio Medics, LLC
Privacy Policy
The presence of this website on the Internet shall in no direct or indirect way raise an implication that Portfolio Medics is offering to sell or soliciting to sell advisory services to residents of any state in which the firm is not registered as an investment adviser. 401(k) Medics is a DBA of Portfolio Medics, LLC.
“The next big area for litigation is going to be suing 401(k) sponsors.”
The Retirement Plan Bomb for Non-Profits – Mark B Manin; LaRhette Manin Benefits Service Group Washington, DC
“In order to make sure your plan is not the next one under plaintiff’s counsel’s microscope, it is a good idea to review periodically the plan’s fiduciary governance structure and procedures.”
Fiduciary Physical – Steve Saxon; Groom Law Group: Washington
"If plan fiduciaries know or even strongly suspect – that their participants need help, including investment advice, the responsibility for acting is not avoided by not making a decision… From a legal perspective, the greater risk may be to fail to offer investment advice where it is needed…”
The Duty to Get Help – Fred Reish; Reish Luftman McDaniel & Reicher Law firm; Los Angeles
“The duty to act prudently is one of a fiduciary’s central responsibilities under ERISA. It requires expertise in a variety of areas, such as investments. Lacking that expertise, a fiduciary will want to hire someone with that professional knowledge to carry out the investment and other functions.”
Meeting Your Fiduciary Responsibilities US Department of Labor: May 2004
Click the “Contact Us” link above to receive a 401(k) Checkup.
The Retirement Plan Bomb for Non-Profits – Mark B Manin; LaRhette Manin Benefits Service Group Washington, DC
“In order to make sure your plan is not the next one under plaintiff’s counsel’s microscope, it is a good idea to review periodically the plan’s fiduciary governance structure and procedures.”
Fiduciary Physical – Steve Saxon; Groom Law Group: Washington
"If plan fiduciaries know or even strongly suspect – that their participants need help, including investment advice, the responsibility for acting is not avoided by not making a decision… From a legal perspective, the greater risk may be to fail to offer investment advice where it is needed…”
The Duty to Get Help – Fred Reish; Reish Luftman McDaniel & Reicher Law firm; Los Angeles
“The duty to act prudently is one of a fiduciary’s central responsibilities under ERISA. It requires expertise in a variety of areas, such as investments. Lacking that expertise, a fiduciary will want to hire someone with that professional knowledge to carry out the investment and other functions.”
Meeting Your Fiduciary Responsibilities US Department of Labor: May 2004
Click the “Contact Us” link above to receive a 401(k) Checkup.