PPT-BEST PRACTICES FOR GOVERNMENTAL 457(B) PLAN ADMINISTRATION AND FIDUCIARY RESPONSIBILITIES

Ken Mergen Vice President Zach Karas Principal April 10 2015 Todays Agenda Fiduciary Responsibilities ERISA vs NonERISA 321 338 Investment Fiduciary 316 Administrative Fiduciary. dolgovebsa To order publications contact us electronically at wwwaskebsadolgov Or call toll free 1 8664443272 For assistance from a benefits advisor visit EBSAs Web site at wwwdolgovebsa and click on Request Assistance Or call tollfree 18664443272 Th is brought to you by United Benefit Advisors. in conjunction with Jackson Lewis. For a copy of this presentation, please go to www.UBAbenefits.com. Go to the Wisdom tab and scroll down to HR Webinar Series and click. Under Employer Series . Plan Sponsor Fiduciary Risk is Significant. Sources:. 1. www.plansponsor.com/dol-explains-drop-in-2014-collections-number/, 2015. 2. Annual Workplace Class Action Litigation Report: 2015 Edition. , Seyfarth Shaw LLP, 2015. Fiduciary Coverage. Retention/succession. Benefit completion. Cash flow optimization (NQDC). Executive Benefits. Portfolio . management. LDI strategies. Pension . risk transfer. Cost containment. Defined Benefit. Presented by:. Jeffrey Levine, CPA/PFS, CFP. ®. , CWS. ®. , MSA. Chief Retirement Strategist, Director of Retirement Education. Ed Slott and Company, LLC. Prohibited Transactions Overview. What makes the word . An ERISA Primer for Defined Contribution Plan Sponsors. Dan Notto. , ERISA Strategist, Retirement Solutions, J.P. Morgan Asset Management. What is ERISA?. ERISA is the acronym for the Employee Retirement Income Security Act of 1974. February 2018. GASB Update 2018. About the Presenter. Brian J. Hemmerle, CPA, CFE. Henry Horne, Senior Manager, Governmental Services. Graduated from the University of Arizona. Certified Public Accountant and Certified Fraud Examiner. Lowell “The ERISA Dude” Walters. GrayRobinson. 813-273-5276. lowell.walters@gray-robinson.com. Roger J. Rovell, J.D., LL.M.. Fiduciary Partners Retirement Group . (800) 371-0232. roger.rovell@fiduciaryprg.com. What . Do You Need to Know . and Do Now?. Agenda. Rollout of New Rule. New Fiduciary Advice Definition. Exclusions from Fiduciary Advice Definition . BIC Exemption. PTE 84-24. Fee Levelization. Robo-Advice. lllllllllllllllllllll Plaintiff - Appellantv.Principal Life Insurance Company lllllllllllllllllllll Defendant - AppelleePrincipal Financial Group, Inc. lllllllllllllllllllll Defendant_____________Amer February 25, 2015 . CIEBA. A brief history of . ERISA:. Statute enacted September 2, 1974 in response to Congressional concern . over . mismanagement and misappropriation of . funds.. Statute applies only to employee benefit plans of private employers and employee organizations.. April 28, 2014. Geoff Suval, ChFC®, LUTCF, . Investment Advisory Representative. Securities and Advisory Services offered through Financial Telesis Inc., member SIPC/FINRA.  . Financial Telesis Inc. and RCM&D are not affiliated companies.. Presented by Harry . Goslett. THE FIDUCIARY RELATIONSHIP:. Trust like.. Characterized by elements of trust, loyalty, confidentiality, and good faith i.e. trustee and beneficiary; guardian and ward; Director and corporation; solicitor and client; doctor and patient; parent and child.. , . and . Fiduciary Services. Sean Arnold & Rick Schultz. BPAS. BPAS’ Mission to provide retirement plans that work. Plans that work. AutoRollovers. Automatic Enrollment. Automatic Rebalancing.