401K Safe

If your client is an employer who sponsers a 401(k) plan, they have a financial risk today. If they are a CEO, CFO or manager in charge of administering their 401 (k) plan, they are the fiduciary of the plan and have personal liability.

The good news is the Department of Labor and ERISA have issued regulations and guidelines that, if followed, will minimize the liability. The bad news is most employers are not aware of these rules and do not have the internal resources to adequately comply.

While more and more vendors have increased their fiduciary services, they are limited in scope.

Ultimately, the liability is with the plan sponsor, administrator, trustee and lead fiduciary which makes 401(k) Safe a unique offering in today's environment.

For more information on 401K Safe, please call us at (800) 979-9393.


Name Description
reader_icon A Perception of Responsibility, The Reality of Responsibility
reader_icon Plan Overview for Advisors