Contracts Available

FIDUCIARY CONTRACTS AVAILABLE:

  • ERISA 3(21) Fiduciary - (general Fiduciary) any person/entity having discretion over the administration and management of the plan, controlling the assets of the plan or providing investment advice to the plan in exchange for a fee or other compensation [ERISA Sec.3(21)(a)].
  • ERISA 3(38) Fiduciary - (registered investment manager) is appointed and must acknowledge in writing it is a Fiduciary with respect to the plan to manage the assets of the plan.

ADDITIONAL FIDUCIARY ROLES:

  • ERISA 408(g) Fiduciary - Qualified Fiduciary Adviser (QFA) is a fiduciary of the plan who provides investment advice to participants/beneficiaries for a fee. It is prohibited for any fiduciary to profit from the use of plan assets.
  • 404(c) Fiduciary - EFA will act as you plans §404(c)and provide the annual §404(c) Participant Notice. In addition, EFA documents annually your adherence to all the subsections of §404(c).