1-Hour Webinar
Administering employee benefit plans can involve responsibilities that HR professionals do not always recognize as fiduciary functions. This webinar explains how certain decisions about plan management, administration, and assets can create fiduciary obligations. Participants will examine the importance of prudent decision making, loyalty to plan participants, and careful attention to conflicts of interest. We will discuss service provider selection, ongoing monitoring, and documentation of the decision process. Practical examples will help participants distinguish routine administrative work from functions that may carry fiduciary responsibility and potential personal liability.