As the regulations in the retirement plan industry continue to change, many 401(k) professionals find that fulfilling their fiduciary responsibility under ERISA has become increasingly complex.

401kDIRECT provides its fiduciary liability mitigation through the “Advisor Delivered” plan and the use of fi360 Fiduciary Tools.  Through 401kDIRECT,  your will have access to these tools and will help to reduce fiduciary liability by providing the following for each plan:

• Investment Policy Statement
• Documentation of the investment selection and monitoring process
• Quarterly ranking of all funds through 401kDIRECT select list
• Customized, plan specific, Quarterly Monitoring Report (QMR)