What are CapTrust Tips for Fiduciaries?
CapTrust Tips for Fiduciaries were designed as an educational series for retirement plan sponsors to address important issues that plan committees face in their role as fiduciaries. There are six tips in the series each year and they are sent out approximately every two months. Each tip focuses on a particular topic that can be used by plan committees to improve the plan and help employees improve their retirement success.

	Tip 1: Conduct a fee analysis that is independent of your current retirement plan provider to know and understand the fees participants pay.

	Tip 2: Learn the rules and options for setting up your “default fund” according to new DOL regulations – you may qualify for additional fiduciary protection.

	Tip 3: Make sure you have a prudent fiduciary process in place to enhance your retirement plan and help reduce your liability.

	Tip 4: Evaluate your Target Date Fund choices to ensure they’re on-target with your fiduciary responsibilities.

	Tip 5: Give employees more international investment choices on their 401(k) menu to help maximize diversification and possibly reduce risk.

	Tip 6: Hire an independent fiduciary to evaluate and optimize your existing 401(k) plan.

For more information on the Retirement Plan Fee Analysis contact Faye Wohlferd at 813.218.5020 or email 401k@captrust.com