Dear Plan Sponsor,
A fiduciary is defined as someone acting in a position of trust on behalf of, or for the benefit of, a third party.
As a 401(k) plan sponsor, you are fiduciary and it is important that you always act in the best interest of your 401k plan participants.
The best way to accomplish this is to make sure that your plan and its investment options adhere to the plan's Investment Policy Statement (IPS).
The IPS defines the duties and responsibilities of the investment committee and investment selection and monitoring criteria.
To help you fulfill your fiduciary responsibility, Please login to download electronic documents: