Best Practices for Plan Fiduciary Committees

Medical & health plans are subject a number of different rules: from ERISA to the same rigorous standards as qualified retirement plans. Plan Sponsors also have a lot to keep track of, as they are subject to the fiduciary standards.

The complexities of these plans brings a need for a Plan Fiduciary Committee, and there are a number of best practices you should know.

View the recording below with Greg and Alan as they discuss:

• Importance of a Plan Committee and their responsibilities
• Required disclosures for retirement and health insurance plans
• Mitigating risk of liability when creating a Fiduciary Committee for a Welfare Plan

Sentinel Group is excited to partner up with SHRM - Long Island for this three-part series. To learn more about SHRM-LI, visit their website.