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Fiduciary Health Check is a new service from Benefits Plans Plus (BPP) that can help retirement plan sponsors and other fiduciaries fulfill their obligations to plan beneficiaries. Fiduciary Health Check identifies a plan’s fiduciaries, determines whether their current structures and practices comply with the standards for private pension plans set by the Employee Retirement Income Security Act of 1974 (ERISA) and recommends best practices to address deficiencies. “We look at plan documents, communications with participants, fee disclosures and overall investment pictures,” explains senior consultant Bob Higgins.

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