Boards often delegate the authority to manage a retirement plan to an employee or a group of employees on a committee. By doing so, the Board may believe they have shifted their fiduciary duty away from themselves to the employee or committee.
Download our reporting to the board plan sponsor resource for a deep dive into what information needs to be reported to the Board + much more.
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Download our reporting to the board plan sponsor resource for a deep dive into what information needs to be reported to the Board + much more.