401(k) plan liability image

The buck stops with you: Retirement plan liability management

Manage your liability

As a plan sponsor, you alone bear the fiduciary responsibility of managing your company’s retirement plan – a responsibility that cannot be delegated to an investment advisor, outside trustee or recordkeeper. How do you manage the performance of the plan and act as a “prudent investor” on behalf of all participants while decreasing the company’s risk and your own personal liability? This session will define the fiduciary responsibilities of retirement plan sponsors and why failures can occur. It will also cover litigation hotspots and the best practices for managing and mitigating risks.

What you'll learn

  • Understand a retirement sponsor’s fiduciary responsibilities
  • Learn the most likely litigation hotspots in retirement plans
  • Identify best practices for decreasing plan sponsor risks

Who should watch

  • Business owners and executives
  • Retirement plan sponsors
  • HR professionals

Additional information

Download the slides

Get a PDF file of this webinar's slides.

Email the presenter(s)

Need to get in touch with a presenter?

Retirement plan services

Learn more about this webinar's related service.

Don’t pay the price for the seven deadly sins of retirement plans

Even the smallest mistakes must be corrected or a plan is subject to IRS disqualification, leaving plan sponsors and employees potentially subject to increased taxes on funds in the plan.

Join our mailing list

Sign up for webinar reminders, alerts, industry insights and more.

Share this webinar

Use the links below to share this webinar with others that may be interested.

Are you managing your retirement plan liability risk?

On-demand webinars are not eligible for CPE/HR credit.

Questions or need to follow up?

Brad Bechtel photo

Connect with Brad

Brad Bechtel
Senior Vice President,
Employee Benefits Services

Brad leads the employee benefit services (EBS) division, which serves clients nationwide. EBS is one of the region's largest providers of retirement plan recordkeeping services for daily valuation plans and employee stock ownership plans. The division provides accounting and consulting services to clients on employee benefit plans including plan design, implementation, operation, fiduciary due diligence, and compliance.

Brad is also well-versed in executive compensation planning involving non-qualified plans, such as phantom stock plans, top hat plans, excess benefit plans and other deferred compensation approaches. He has served as consultant to numerous Fortune 500 corporations in the area of investment management and fiduciary due diligence. He also provides search and selection due diligence consulting services for companies seeking new investment and recordkeeping providers for their qualified plans.

Brad is a graduate of the University of Nebraska-Lincoln, where he received his bachelor of science degree in finance. He graduated with the highest distinction from the Keller Graduate School of Management with a master of business administration degree and is a registered investment advisor with Series 7, 24, and 66 FINRA registrations.

David Darby photo

Connect with David

David Darby
Senior Vice President,
AGH Wealth Management

Dave Darby has been a licensed financial professional since 1989. Before joining AGH, he worked with a large mutual fund company and for nearly a decade in banking, including serving as chairman of the mutual fund selection committee for the super-regional bank’s 401(k) product. With more than 25 years in the financial services industry, Dave brings a unique perspective, having worked for both a mutual fund complex and a bank trust department, while providing investment management due diligence and education services for plan sponsors and participants in the plan. Dave holds Series 7 and Series 63 securities licenses.

Dave provides investment management, fund selection and evaluation and employee education related to retirement plans. He is a graduate of the University of Kansas, where he earned a bachelor’s degree in personnel administration and psychology. He continued his education at Baker University, where he received his master’s degree in business administration.