Key Takeaways
This guidebook is designed to help plan sponsors better understand how to manage a successful DC plan and avoid potential legal problems.
It explains the reasons why your fiduciary duties are so important, defines core fiduciary standards, and describes 10 best practices, many of which are common sense business practices.
Once you understand your fiduciary duties and how to live up to them, you’ll recognize that these rules are not meant to be onerous—they’re meant to ensure that your retirement plan is positioned to help employees reach their retirement goals.