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As the steward of your company's retirement plan, you have many important decisions to make and many people to consider. But are you aware of the legal responsibilities you hold and the risks that you face?

Fiduciaries are held personally liable for any plan losses or profits that are made through improper use of plan assets. They also need to determine all fees for the plan and whether those fees are reasonable, as well as, to benchmark investment returns and consider appropriate decisions in the management of the portfolio.

If you currently have an insurance or brokerage-based plan, you need to know that these types of plans can operate without fiduciary responsibility to you as the plan sponsor or to your plan participants. You are at considerable legal risk if you are not aware of these vendors' business models. Many employee benefit plans have been sued and substantial damages collected.

Piedmont Investment Advisors can help. We will provide impartial, high-quality direction for your plan, and work to eliminate or mitigate the risks that you face.

Sincerely,


William J. Militello, CIMA, AIFA
Managing Principal

Transfer your risk to us.