Fiduciary Experts LLC serves as a consultant and advisor to instiutions and government agencies as an independent party and fiduciary of retirement plans.
We work with your TPA, Broker, and Vendor relationships to assure full transparency and help you, the plan sponsor, avoid any conflicts of interest among these servicing parties.
Government Agencies without Independent Fiduciaries Pay Double in Costs. The power of reducing your 457 fees in half. Who pays the 457 plan fees? 100% is traditionally paid by the participant. That’s why you are the fiduciary and personally liable to prove that these fees are reasonable. Your 457 vendor is not. They make commissions…
Do you sign off on the 457 contracts or plan documents? Or do you administer the 457 plan for employees? Congratulations, you are officially a fiduciary of the 457 plan. The California Constitution states the standards a fiduciary must abide by and the oversight 457 plan assets follow much like pension plan asset oversight. The language the…