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* 1. If you have an advisor or broker, have they disclosed that YOU and ANYONE involved with your 401k benefit plan is PERSONALLY and FINANCIALLY liable as a fiduciary (see Supreme Court ruling : Larue vs. DeWolff, Feb 2008)?

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* 2. Do you have a current, written agreement with your plan advisor, broker or provider reflecting new DOL 404(c) requirements?

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* 3. If you have an advisory agreement does it state if your advisor is an ERISA 3(38) and 3(21) advisor?

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* 4. If you do have an advisor are they CEFEX certified fiduciaries utilizing plan design according to "fi360" fiduciary best practices?

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* 5. Are your 401k investment options monitored and reallocated quarterly based on an Investment Policy Statement (IPS) criteria and documented accordingly?

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* 6. Can you document procedures and meeting minutes for enrollment and annual plan participants education meetings?

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* 7. Does your current 401k plan have a documented Conflict of Interest policy statement?

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* 8. Does your plan have a documentation Investment Policy Statement (ISP) verifying that it has a process for determining the appropriate investments among their ENTIRE peer universe every quarter?

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* 9. If your plan has an advisor or broker, do they hold annual participant meetings, document attendance and offer documentation of retirement targets, according to ERISA code 404(c)?

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* 10. Can you document that you and your employees receive quarterly fee and expense reports for your 401k comparing them to industry averages?

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* 11. Does your plan have investments that reimburse fees or expenses to any party by means of "revenue sharing"?

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* 12. Does your plan have a written policy for a Qualified Investment Default (QID) option for participants who have not allocated their investments ?

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* 13. If you answered NO or NOT SURE to ANY question (a score of 12 or less) you may be exposed to an audit or law suit, and at financial risk.  Contact us to show you how to reduce your personal liability, reduce your work load and improve compliance while helping your employees save better for retirement.

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