ERISA takes your role as a plan fiduciary very seriously. There are compliance requirements that can be complicated and punitive if not followed properly. RPS provides peace of mind by ensuring you are meeting all of your duties as your plan's fiduciary.
RPS will assist in making sure you and your service providers are following ERISA compliance standards including:
- Prudent investment management
- Appropriate oversight and monitoring
- Ongoing due diligence
- Avoidance of prohibited transactions
- Decisions made are in the best interest of participants and beneficiaries
We have the resources to stay up to date with the rapidly changing compliance standards. Our process for ongoing compliance with ERISA rules will help you avoid costly issues like a Voluntary Correction Program or plan disqualification.