Fiduciary Compliance & Assesment

Fiduciary Compliance

Fiduciary Compliance: Investment Due Diligence & Benchmarking

ERISA Section 404(a) of the code is the fundamental principal that defines your responsibility as a plan sponsor. As a plan fiduciary you are required to "discharge your duties ... with the care, skill and diligence under the circumstances then prevailing [requires ongoing due diligence in an ever changing regulatory, economic and market environment] that a prudent person acting in a like capacity and familiar with such matters [implies you are a prudent expert] would use in the conduct of an enterprise of a like character and with like aims [benchmarking your plan relative to key variables]." Coincident with managing your retirement program to optimize value we look to address all aspects of your compliance requirements and fiduciary obligations. As a plan sponsor you cannot delegate your fiduciary role, but you can partner with an advisor with the demonstrated resources and expertise to assist you in fulfilling regulatory requirements. When was the last time you benchmarked your plan relative to regulatory requirements, critical quantitative variables and your advisors ability to assist in fulfilling your fiduciary role?

Fiduciary Assesment

Epstein Financial has partnered with Fi360, whose mission statement is...

"To promote a culture of fiduciary responsibility and improve the decision-making process of investment fiduciaries."

The Self-Assessment of Fiduciary Excellence (SAFE)

The Self-Assessment of Fiduciary Excellence (SAFE) is intended to identify the critical moving pieces in fulfilling your organization's fiduciary role as a corporate retirement plan sponsor. A process built around the four cornerstones of organize, formalize, implement and monitor will contribute to a more successful retirement program and mitigate potential fiduciary liabilities.

Download SAFE Report