Our Blog - Surety Matters

When sponsoring a retirement plan, hiring outside experts, such as experienced, professional fiduciaries, is generally considered a smart move. What’s not smart however, is being unclear about who has what responsibilities–and ultimately liabilities. Though plan…
Read Moreabout Retirement Plan: Professional Fiduciary? 

Summer brings the deadline for signing and submitting Form 5500 to most retirement plan sponsors. Typically, we rely on service providers to prepare this annual report, so all we have to do is sign off….
Read Moreabout Form 5500: Is Yours Accurate?

What if you sponsor a small to mid-size retirement plan, and get named in a copycat lawsuit alleging high plan fees, poor investment choices or failure to follow protocols? You’ll scramble to secure knowledgeable ERISA…
Read Moreabout What If…?

It’s no secret that both the money and data in retirement plans offer cybercriminals  lucrative targets. As cybersecurity breaches threatening retirement accounts become more common, so too do lawsuits brought against retirement plan sponsors on…
Read Moreabout After The Hack: Lawsuits

Yes. When you sponsor a retirement plan, like a 401k, you are automatically a fiduciary, so in the event cybersecurity failures impact the data or savings of participants, you can face fiduciary breach allegations and…
Read Moreabout Cyber Failure Plus Fiduciary Breach?

When you sponsor a retirement plan at your business, you are specifically required by the Employee Retirement Income Security Act (ERISA) to obtain a fidelity bond. The purpose of an ERISA fidelity bond is to…
Read Moreabout ERISA Bonds Explained

Yes. Essentially, that’s what it means to be a retirement plan sponsor: under ERISA law, you are inherently a fiduciary. Simply put, being a fiduciary means you are legally obligated to act in the best…
Read Moreabout Legally Obligated To Look Out for Others?

We all have a role to play in cybersecurity, and when it comes to protecting our retirement accounts, and our businesses, we all need to take the role extra seriously. The National Cybersecurity Alliance provides…
Read Moreabout Online Security: Basics and Beyond

Every business must guard against the damage and disruption of cybercrime. Those that sponsor retirement plans, like a 401k, are legally obligated to work even harder, both to prevent incidents and to curtail damages after…
Read Moreabout ERISA Cybersecurity Obligations?