© 2017 BY CANNON CAPITAL MANAGEMENT, INC.

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Fiduciary Hierarchy

November 14, 2017

With more and more lawsuits coming against retirement plans, it is important for Plan Sponsors to understand the level of Fiduciary responsibility that they assume if they are the 402 Managing Fiduciary. However, the Plan Sponsor can delegate this responsibility under ERISA 405.  Learn more Here. 

 

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