Be More Than A Fiduciary

Lisa Drake is a Retirement Plan Consultant based in SageView’s Florida office, working closely with plan sponsor clients on plan design, investment due diligence, monitoring and reporting as well as ERISA compliance to maximize fiduciary protection for employers. She specializes in driving positive retirement plan outcomes and developing long-standing client relationships. Lisa has worked in insti...

In this episode of Friday Fiduciary Five, Eric Dyson talks about the need for careful comparison, selection, and documentation in choosing Target Date Funds.  Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com   LinkedIn: https://www.linkedin.com/in/401kguy/   The information contained herein is general in nature and is...

Laura Jurica is the SVP of finance, accounting, and compliance at Andrews Distributing. She has been with the organization for just over 24 years, all in accounting and finance capacity. Laura has been a member of the 401K committee for six years.  Andrews Distributing is a beverage distributor in the North Texas and South Texas markets.  In this episode, Eric and Laura Jurica discuss: T...

In this episode of the Friday Fiduciary Five, Eric Dyson talks about evaluating and selecting target date funds based on a glide path fit according to participants' demographics and risk tolerance.  Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com   LinkedIn: https://www.linkedin.com/in/401kguy/   The information conta...

Greta Green Gentile is a strategic benefits, wellness, and total rewards director/sr. manager. She is a proactive HR business partner with proven success in guiding the development of best practices in benefits, wellness, compensation, HRIS, communications, compliance, performance development, employee relations, training, staffing, and payroll in a variety of industries. Greta has solid technical...

In this episode of Friday Fiduciary Five, Eric Dyson talks about the differences among TDFs, including how this is referenced in DOL TDF Guidance.  This includes a consideration and understanding of investment strategies, glide paths, and fees. Eric emphasizes the need for fiduciaries to evaluate these factors when selecting a TDF. Connect with Eric Dyson:  Website: https://90northllc.co...

With over 25 years of experience in the retirement plan industry, Jania Stout is a passionate and knowledgeable fiduciary leader who helps employers with fiduciary governance but with a dual focus on helping their employees achieve their financial wellness goals. As the Senior Vice President and Co-Founder of Fiduciary Plan Advisors, a OneDigital company, Jania provides comprehensive and customize...

As an introduction and preview to a series - in this episode of Friday Fiduciary Five, Eric Dyson talks about the Department of Labor's guidance on target date funds. He highlights eight key points from the guidance, including establishing a process for comparing and selecting target date funds.  Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contac...

Bill Leitner is the Vice President of ISC Group, an independent firm that has helped clients navigate the complexities of the financial world since 1987. ISC Group, Inc. is affiliated with and Securities offered through Institutional Securities Corporation (ISC), Member FINRA/SIPC. Bill is a registered representative of ISC. In this episode, Eric and Bill discuss: Similarities and differences betw...

In this episode of Friday Fiduciary Five, Eric Dyson talks about the importance of understanding revenue share in ERISA plans, highlighting potential issues arising from a lack of understanding such as inadequate fee leveling due to exceptions and inequitable distribution of expenses. Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com...

About Dennis Fowler: As a partner and practice leader at The Baldwin Group, Dennis helps employers achieve their culture and goals through innovative and tailored benefit strategies. He has over 14 years of experience in the insurance and human capital ecosystem, and he is passionate about disrupting the expensive and unsustainable healthcare system.  In this episode, Eric and Dennis Fowler d...

In this episode of Friday Fiduciary Five, Eric Dyson talks about why meeting minutes are important, and how appropriately detailed minutes make a big difference in demonstrating adherence to a fiduciary standard of care.  Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com   LinkedIn: https://www.linkedin.com/in/401kguy/ &nbsp...

About Paul Sommerstad: Paul is a Partner in the firm’s Retirement Plan Services Group. He has more than fifteen years of experience in the retirement plan industry and specializes in helping organizations understand how plan design can dramatically improve their employees’ ability to successfully retire and how proper governance can limit personal fiduciary liability. Paul has worked with a variet...

In this episode of Friday Fiduciary Five, Eric Dyson talks about the importance of regularly reviewing service standards and negotiating fee concessions. He also talks about how a fiduciary should always evaluate service providers through regular surveys or assessments to ensure they are meeting their contractual obligations and delivering agreed-upon services. Connect with Eric Dyson:  Websi...

Beth Allen has made a career of advising employers and benefits professionals on the legal obligations imposed by federal and state benefits-related laws. She has a knack for taking complicated compliance concepts and effectively explaining them to plan sponsors, HR leaders, and company executives alike. In this episode, Eric and Beth Allen discuss: The primary aim of DOL investigations The advant...

In this episode of Friday Fiduciary Five, Eric Dyson talks about the importance of adhering to ERISA plan documents. He highlights common non-compliance issues, such as using plan forfeitures, defining compensation, vesting, and service credit.  Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com   LinkedIn: https://www.linked...

About Jenny Kiesewetter: As an ERISA and employee benefits attorney at Fisher Phillips, Jenny Kiesewetter helps clients navigate the complex and ever-changing landscape of ERISA, health and welfare benefit plans, retirement plans, cafeteria plans, severance plans, and equity-based compensation plans.  Jenny also works with plan sponsors, administrators, fiduciaries, and human resources profes...

In this episode of Friday Fiduciary Five, Eric Dyson talks about the duty to diversify investments under ERISA.  He also covers the guidance provided under ERISA section 404(c). Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com   LinkedIn: https://www.linkedin.com/in/401kguy/   The information contained herein is genera...

Tina Wilson is Executive Vice President and Chief Product Officer for Empower. In her role, she is responsible for the strategy, ideation, and design of retirement and personal wealth products and solutions and oversees the team responsible for product development, management methodology, and governance. She is also responsible for the defined benefit and nonqualified businesses and serves as Pres...

In this episode of Friday Fiduciary Five, Eric Dyson discusses the ERISA  fiduciary duty of prudence. He talks about the importance of taking a proactive approach to plan management and monitoring, rather than neglecting these responsibilities due to inconvenience or other excuses. Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.co...

The information contained herein is general in nature and is provided solely for educational and informational purposes. It is not intended to provide a specific recommendation for any type of product or service discussed in this presentation or to provide any warranties or legal advice. Stable Value Investments is a division of New York Life Insurance Company. Debbie Vince is a 20-year veteran in...

In this episode of Friday Fiduciary Five, Eric Dyson talks about the fiduciary duty of loyalty and acting exclusively in best the interest of plan participants and beneficiaries.  Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com   LinkedIn: https://www.linkedin.com/in/401kguy/   The information contained herein is gene...

About Bryan England, AIF®️: Bryan is the Chief Operating Officer of Sundvold Financial. He leads the firm’s retirement plan education team as well as its investment due diligence processes. Furthermore, he manages a group of the firm’s retirement plan clients, several of whom have been with the firm since Bryan’s first day in 1999. About Eric Morrison: Eric is the President of Sundvold Financial....

In this episode of Friday Fiduciary Five, Eric Dyson begins a five-part series regarding ERISA plan fiduciary basic responsibilities.  He talks about the four basic fiduciary duties in ERISA, which are the duty of loyalty, prudence, diversification, and following plan documents. Connect with Eric Dyson:  Website: https://90northllc.com/ Phone: 940-248-4800 Email: contact@90northllc.com &...

About Renee Scherzer: As a Retirement Plan Specialist, Renee provides clients with strategies to empower their employees to build financial independence while managing the fiduciary liability of organizations and their executives through their 401(k), 403(b), and executive planning needs.  In this episode, Eric and Renee discuss: Meeting people at their level Making a meaningful impact The va...