If your company currently has a 401 type retirement plan in place for it’s employees, and you are serving as a fiduciary for the plan, (sponsor, trustee, owner) you can be held legally liable for how the plan operates. Much to their surprise, companies are being sued for breaching their fiduciary responsibility of not managing their 401 retirement plan properly.
Here is a list of damaging lawsuits that were filed against employers over their 401 retirement plan.
Don’t let this happen to your organization. Advanced Pension Programs can remove the legal liability involving your 401 retirement plan and protect you from any damaging lawsuits – guaranteeing your financial assets are not negatively impacted.
