Learn what the Department of Labor requires pension plan managers to know but few, it says, actually understand about the reasonableness of fees paid to pension service providers. Vendors are specialists in the design of their products, services, and compensation. Plan sponsors lack this specialization. Vendors have a strong incentive to use their information advantage to distort procurement decisions in their favor. ERISA holds plan sponsors rather than vendors accountable for testing the cost and quality of pension plan services. By taking this seminar, finance executives, investment committee members, and human resources managers will be significantly ahead in their preparedness to satisfy their accountability.

BENEFITS OF ATTENDING

• Discover how service providers make their money
• Get the best value from vendors for your plan's participants.
• Understanding fee benchmarking.
• Clarity about what "reasonable cost" means in the new ERISA fee disclosure
  rule 408(b)(2).
• Compliance steps for satisfying 408(b)(2) that you can use.

WHAT YOU WILL COVER

• Audits of investment firms, third party administrators, and custodians
  are used to expose how they get their revenue.
• Why some plan sponsors overpay for services but don't know it.
• Why vendors' fee arrangements are not defensible in court.
• How the DOL evaluates the reasonableness of fees.
• The method that always proves the reasonableness of fees.

WHO SHOULD ATTEND

Members of boards of directors, chief financial officers, members of investment committees, human resource executives, and anyone who performs fiduciary related activities for their organization's ERISA pension plan.

The HR Certification Institute pre-approved this course for 3 continuing education credits.

Registration Fees.
The full fee is payable at the time of registration. All fees include the cost of seminar materials. Remember, this fee is tax-deductible (see Treas. Reg. 1 162-5). Please note: Registration fees and seminar schedules are subject to change without notice.

Transfer, cancellation, and refund policy.
You may transfer to a future session, send someone to take your place, or cancel without penalty at any time up to three weeks prior to your seminar. If you provide Roland|Criss with less than three weeks notice, or fail to attend, you will be liable for the entire seminar fee. We appreciate that this is an important investment for you and your company and would like to accommodate your needs the best we can. Please call us, therefore, at 1-800-440-3457.