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SERVICES
- Fiduciary Audits & Consulting
During
an era when most Service Providers are seeking to shelter
themselves from additional risk exposure, Fiduciary Risk Management
is taking every possible measure to protect the Plan Sponsor.
As an Independent Plan Fiduciary, we stand
behind our guidance and services by appropriately exposing
ourselves to liability.
We have
partnered with Thompson
Hine LLP. Established in 1911, Thompson Hine LLP is among
the largest business law firms in the U.S. With more than
370 lawyers in eight offices, they serve premier businesses
worldwide.
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Tess
J. Ferrera
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- One
of the most respected and sought after ERISA Title
I Fiduciary legal experts in the business.
- Prior
to entering private practice, Tess worked for six
years as a trial attorney for the Department of Labor,
representing the Secretary of Labor in federal courts
in numerous states litigating alleged violations of
ERISA's fiduciary and prohibited transaction provisions.
- Experienced
ERISA Litigator
- Author
of the ERISA Fiduciary Answer Book from Aspen Publishers
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And then perform ongoing fiduciary governance functions by:
Fiduciary
Program Independent Audits
In
many recent fiduciary litigation cases, Plan Sponsor’s
sought shelter under various sections of ERISA regulation;
however, more times than not, their documentation of fiduciary
actions did not substantiate their claims of liability exemption.
If you are confident you have implemented efficient governing
practices and have fully complied with regulatory guidelines,
you should not take the chance on being proven guilty of a
breach by an experienced litigator. Instead we suggest an
independent audit of your fiduciary programs; this 3rd party
professional opinion may put investigatory situations to ease
before they advance.
Contact
a Fiduciary Auditor at FRM for more information on our audit
services.
- Section
404(a) Fiduciary Responsibilities
- Section
404(c) Partial Fiduciary Liability Abatement Opportunity
- Pension
Protection Act of 2006 (PPA) Investment Advice Liability
Exemption
- Pension
Protection Act of 2006 (PPA) Establishment of QDIAs
- Revenue
& Expense Disclosure Policies
It
is our goal to make as little change in plan providers as
possible. The process of switching providers is not an easy
one and should be avoided if possible. The ultimate goal is
to work with the provider in place and improve existing plan
sponsor/plan provider relationship.
Contact
an Independent Plan Fiduciary Partner
at FRM for more information on our fiduciary services.
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