Should plan sponsors carry fiduciary insurance? With all the talk about the DOL’s fiduciary rule along with the rash of 401k lawsuits, committee members of defined contribution (DC) plans ...

Companies that sponsor a defined contribution (DC) plan like a 401k or 403b are required by law for have fidelity bond which protects the company against fraud. But many ...

  Liability under ERISA, which covers defined contribution (DC) plans like 401(k)s, imposes the highest fiduciary responsibility under law in the world which rightfully scares many companies that sponsor ...