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Some retirement plan recordkeepers and third-party administrators started a trend that’s catching on in the vendor market. Many have added a new feature which they call “3(16).” They claim or infer that they relieve employers of a vital legal fiduciary duty. What’s behind the hype? Are vendors’ claims legitimate? Learn what the U.S. Department of Labor says. In this podcast you’ll gain insights from frontline experts.
About our host
Ronald E. Hagan is chairman of Roland|Criss’ Risk Standards Committee. Ron has over 25 years of experience helping clients examine and improve their risk management practices for employee benefit plans qualified under the Employee Retirement Income Security Act of 1974. He is the engaging host of Roland|Criss’ weekly podcast and quarterly webinar series.
