Fiduciary Liability

According to ERISA, a fiduciary is anyone who:

Exercises any discretionary authority or discretionary control in managing the pension or benefit plan or exercises any authority or control in managing or disposing of the assets.

Are you the owner or officer of a company who makes decisions about the 401(k) plan for the company? Your personal assets could be at risk. You could be held personally liable for losses to a benefit plan incurred as a result of your alleged error, omission or breach of fiduciary duty.

A fiduciary liability policy can address these areas of concern.

Greg Mattingly has been great to deal with. We recently purchased an agency and he was extremely helpful in getting us through our first renewal and found us a policy with lower premium than the prior owners had. The whole process was smooth and relatively pain free!"

Marty J. Trierweiler | Alexandria, MN