Fiduciary U™ is aimed at helping retirement plan fiduciaries have a full understanding of what it means to be an ERISA fiduciary and to become better prepared to face their duties and manage both the corporate and personal liability that has arisen due to increased scrutiny from the Department of Labor and the rapidly growing number of 401(k) and 403(b) lawsuits in the marketplace.

10 Video Lessons

11 Interactive Quizzes

13 Compliance Tips

1 Certificate of Completion

2.25 Hours of HRCI® Recertification and SHRM PDC Credit

This program was created by Greenspring Advisors, a leading retirement plan advisory firm in consultation with Fred Reish from Drinker Biddle, one of the most well-known ERISA attorney's in the country

This program was specifically designed for retirement plan committee members who want to minimize their associated risks through education and governance.

ERISA litigation is increasing and fiduciary training is an essential best practice to minimize liability.

The DOL views regular fiduciary training as a critical component of a good governance process and has been increasingly looking for evidence of a fiduciary training program during plan audits. With this program, you'll be prepared.  2.25 hours of HRCI and SHRM credit is available as well.

If you learn at a fast pace you can develop competency quickly. If you learn at a slower pace you can absorb the information without being pushed ahead too quickly.

Complete the program whenever it works best for you. Are you a morning person? Study in the morning. Unpredictable hours? Weave in the training around your other priorities. 

Fiduciary U™ is cost-effective and valuable investment for your company and your retirement plan committee, especially when compared to the potential cost of a settlement agreement with the DOL or an ERISA lawsuit.

*Price is for a 1-year subscription for 1 individual learner.  Discounts available for multiple learners (e.g. for an entire retirement committee).  Contact us below.

This lesson covers the history and background of ERISA as well as which plans are subject to the regulation.

This lesson  reviews fiduciary vs. non-fiduciary functions as well as ERISA's fiduciary duties and elements of a prudent process.

This lessons discusses common fiduciary breach claims, consequences of a breach and prohibited transactions.

This lesson addresses various aspects of the plan document, amendments, Form 5500 and participant disclosures.

This lesson describes investment duties under ERISA, selection and monitoring best practices, and 404(c) protection.

This lesson covers fee types, allocation methods,  revenue sharing and administrative vs, settlor expenses.

This lesson reviews how to properly evaluate and select vendors and service providers and outsourced 3(16) administrative services.

This lesson discusses fee litigation, DOL and IRS enforcement priorities, target date fund (TDF) selection and the DOL Conflict of Interest Rule.

This lesson describes several landmark court decisions that provide “real life” lessons about the importance of a prudent fiduciary process. 

This lesson addresses bonding and insurance, fiduciary governance/oversight structure and the importance of fiduciary process documentation.

Joshua P. Itzoe, CFP®, AIF® is a Co-Founder, Partner & Managing Director of Greenspring Advisors, one of the country's most well-known retirement plan advisory firms.  He's also the the author of Fixing the 401(k): What Fiduciaries Must Know (And Do) To Help Employees Retire Successfully.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

This program is valid for 2.25 PDCs for the SHRM-CP℠ or SHRM-SCP℠.

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$15.95 value

Get a free copy of Fixing the 401(k): What Fiduciaries Need To Know (And Do) To Help Employees Retire Successfully.  For nearly a decade this has been one of the retirement industry’s most well-known books on fiduciary responsibility for defined contribution plans.

Complimentary

You'll receive a sample Advisor RFP template that you can use to conduct due diligence.  You get more than 50 questions covering areas such as firm background, consulting experience, service team, fiduciary responsibility, investment services, fees and participant resources.

$95 value

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