Liability

Many people don’t realize this, but the trustee of a 401(k) plan is personally liable for the plan. The business is liable as well. Be aware: plaintiffs’ attorneys have started winning lawsuits due to high-fee plans. It is a clear ERISA violation not to act prudently in the interest of your employees.

We reduce your risk by minimizing fees, providing excellent low-cost funds, creating a diverse set of choices, and setting default investments that are in the interest of the employee, not the financial industry.