Duties of an ERISA Plan Administrator

September 7, 2018

ERISA plan administrators perform many critical functions that require a lot of time, care, and integrity.

Plan administrators and sponsors are fiduciaries who are charged with the highest level of responsibility, fair dealing and good faith recognized under the law. As a fiduciary, you have a legal duty to provide the utmost care and servicing on behalf of the beneficiaries in your plan. Because of the critically important retirement assets you oversee as a fiduciary, the federal government demands the best out of its plan administrators.  Read more