Fiduciary Responsibility for Employee Benefit Plans

In order to stay competitive and retain the best workforce, most companies offer their employees benefits that go above and beyond those required by law. These additional benefits often include retirement, health, and life insurance plans. While offering employee benefit plans can be rewarding for employers, it can also be among the most challenging activities an employer can undertake. Managing benefit plans is a great responsibility that falls to those with fiduciary duty.


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