Fiduciary Support

Fiduciary Support

What you don’t know can hurt you. The reality is, retirement plan committee members all have day jobs within the organization, and they do not have the time or resources to stay up to speed on and meet their ongoing fiduciary obligations.

However, the consequences of failing in any one of these fiduciary duties can be catastrophic, because being a fiduciary means you carry personal liability for certain aspects of the company’s retirement plan.

Three Bell is a co-fiduciary on all of its retirement plans, which means we sit in the same liability boat as our clients, and we use process-driven software and schedules to assist our clients in meeting their fiduciary obligations.