Fiduciary foundations for your 401(k) plan
What does a strong 401(k) plan really come down to? It starts with a solid foundation.
When fiduciary roles, responsibilities, and processes are clear, it becomes easier to make decisions and stay on track over time.
In this quarter’s Fiduciary Foundations edition, we break it down into three simple areas:
Defining fiduciary roles: who is responsible and how are decisions made
Understanding fiduciary duties: the key principles that guide plan oversight
Strengthening your process: simple habits to demonstrate fiduciary intent
Each piece is designed to help you take a practical look at your current approach.
Retirement Partners of Hawai`i1003 Bishop StreetPauahi Tower, Suite 880Honolulu, Hawai`i 96813Phone: (808) 681-7799info@retirementpartnersofhawaii.comwww.RetirementPartnersofHawaii.com
Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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