The 401k Service Solution Handbook for Plan Sponsors and Fiduciaries.

Handbook A simple process to guide plan sponsors and fiduciaries through successful plan set-up, management, and review. $30.00   Read the Foreword written by J. Richard Lynch, Executive Director, Foundation for Fiduciary Studies

The duty to act prudently is one of a fiduciary’s central responsibilities under ERISA. Prudence focuses on the process for making fiduciary decisions. Therefore, it is wise to document decisions and the basis for those decisions.

The development of the 401k Service Solution™ was based on the above guidance by the Department of Labor and further defined by The Foundation for Fiduciary Studies.

The goal of this Handbook is to:

1) Educate sponsors and fiduciaries on how to affectively address the key issues involved in setting-up and managing an employer-sponsored plan;

2) Explain the 401k Service Solution process for making fiduciary decisions;

3) Educate sponsors and fiduciaries on the methods and tools available for documenting their decisions by those advisors and consultants that adopt the 401k Service Solution Process; and

4) Provide useful resources to assist plan sponsors to better understand basic retirement plan issues (ERISA defined, retirement plan types and features, index of common terms, prudent practice review, etc.)

Whether you are a service professional in the retirement plan industry or a plan sponsor setting-up or evaluating an employer-sponsored plan, this Handbook will provide you with the information and tools to address all critical plan service issues.