Plan fiduciaries, such as trustees, plan administrators, administrative and investment committees and company officers and directors are governed by strict and complex ERISA rules and Department of Labor regulations. Trucker Huss assists our clients in carrying out proper corporate and plan governance as well as compliance with the fiduciary requirements for plan investments and administration.

We advise on legal issues related to:

  • Compliance with ERISA fiduciary duties
  • Compliance with ERISA reporting and disclosure requirements
  • Investment of plan assets
  • Selection of investment options for participant-directed plans
  • Prohibited transactions
  • Trust agreements and custodial arrangements
  • Use of plan assets to pay plan expenses
  •  Selection and monitoring of service providers, such as trustees, recordkeepers, investment consultants and investment managers
  • Negotiation and preparation of agreements with service providers
  • Fiduciary audits

Our objectives are to help our clients fulfill their fiduciary responsibilities, serve their employees well and avoid litigation and other claims. As a law firm focusing exclusively on employee benefits, we bring our extensive experience in ERISA compliance and ERISA litigation to every consulting situation.

Our clients in the area of fiduciary consulting include:

  • Employers
  • Plan sponsors
  • Plan trustees, plan administrators, administrative and investment committees
  • Financial institutions such as banks and trust companies
  • Mutual fund companies and other investment providers
  • Investment professionals such as consultants and investment managers

If you'd like to know more

For more information regarding this area of the Firm’s practice, please contact Brad Huss, Ben Spater,  Nick White or Robert Gower.

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    NICHOLAS WHITE, ROBERT GOWER and ADRINE ADJEMIAN, May 2017    Following months of uncertainty stemming from a February 3, 2017, Presidential memorandum ordering the Secretary of Labor to conduct a review of the final fiduciary advice regulatory package (the “Final Rule”), including a 60-day delay in its applicability date, it seems all but certain the […]

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    ROBERT R. GOWER, March 2017    On Friday, March 10, 2017, the Department of Labor (“DOL”) published on its website Field Assistance Bulletin 2017-01 (“the FAB”) providing a temporary enforcement policy for the DOL’s Fiduciary Rule and related Best Interest Contract Exemption (“BICE”). The Fiduciary Rule and BICE, which have become the subject of reevaluation […]

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    NICHOLAS J. WHITE, February 2017    Just a few hours before our webinar on March 1st, entitled What Comes Next? — Lessons Learned & Practical Implications of the Fiduciary Rule Under Review, the Department of Labor (DOL) released a proposed rule extending the April 10th applicability date of the Fiduciary Rule (the “Rule”) by 60 […]

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