Fiduciary Training Program

One of our greatest tools to help our clients is our comprehensive fiduciary training program.

Our best clients are clients with a high understanding of retirement plans, fiduciary best practices, regulations, and retirement service providers. Our program trains plan sponsors and committee members to better understand their obligations. We believe the effective deployment of this type of training will dramatically improve the ability of our committees to effect change and growth within their organizations.

Our program is a tiered approach, meeting each committee at their current education level. New fiduciaries and experienced fiduciaries alike can use our educational building blocks to strengthen their understanding of what is required of them as fiduciaries.

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Level1_FiduciaryTraining   Exploring fiduciary responsibility  
  Topics covered include:  
 
  • Understanding your role as a retirement plan fiduciary
 
 
  • Best practices for retirement plan fiduciaries
 
 
  • Avoiding conflicts of interest
 
 
  • Avoiding prohibited transactions
 
    View webinar recording  

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Level2_FiduciaryTraining   Learning the core areas of responsibility for a retirement plan fiduciary
  Topics covered include:
 
  • Fiduciary governance, including an understanding of the foundational documents (e.g., IPS + charter)                    View webinar recording
 
  • Service providers and their fees                                                                                                                                              View webinar recording
 
  • Employee engagement and required disclosures                                                                                                                View webinar recording
 
  • Plan operations                                                                                                                                                                         View webinar recording
 
  • Investments                                                                                                                                                                               View webinar recording

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Level3_FiduciaryTraining

 Learning more as a retirement plan fiduciary and digging into the details!  
Topics covered include fiduciary governance, service providers and their fees, employee engagement and disclosure, plan operations, and investments.

 

Fiduciary Governance Service providers and their fees
  • Committee Charter (or other delegation document)    Download Training Material
  • Common fee models                                                            Download Training Material
  • Investment policy statement                                               Download Training Material
  • 408(b)(2) Fee disclosure notices                                          Download Training Material
  • Meeting minutes                                                                   Download Training Material
  • Multnomah Group fee benchmarking process        Download Training Material
  • Plan document                                                                      Download Training Material
  • Request for proposal process and practices
    Download Training Material
  • Reporting to the board                                                        Download Training Material
 

 

 

Employee engagement and disclosure Plan operations
  • Education v. advice                                                               Download Training Material
  • Insurance and bonding                                               Download Training Material       
  • Participant notices                                                               Download Training Material
  • Plan testing                                                                           Download Training Material
  • Financial Wellness Program                                                Download Training Material
  • Understanding your audit   
         Download Training Material
                                                                                      
Investments  
  • Fund mapping                     Download Training Material
 
  • Managed accounts                                                               Download Training Material
 
  • Research Process                                                                  Download Training Material
 
  • Share Classes                                                                        Download Training Material
 
  • Target date funds             Download Training Material