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NAGDCA has created this brochure to provide you, a fiduciary of a participant directed defined contribution plan, with general information that you may find helpful in complying with your fiduciary responsibilities. Although governmental employers are not subject to Employee Retirement Income Security Act of 1974 (ERISA), many states have fiduciary statutes that are similar to ERISA, and the ERISA principles provide a good guide for fiduciary prudence in any event.

  • Version
  • 637.54 KB File Size
  • June 12, 2011 Create Date
  • January 8, 2020 Last Updated
Plan Sponsors: Meeting Your Fiduciary Responsibilities