fiduciary training for retirement plan sponsors - who is a fiduciary?

This video is provided for general educational purposes only regarding ERISA fiduciary liability insurance concepts. It does not constitute legal, tax, insurance, or investment advice, and is not tailored to any specific plan, plan sponsor, or fiduciary. Plan fiduciaries should consult qualified ERISA counsel and a licensed insurance professional regarding their specific circumstances.

intellicents investment solutions, inc. does not sell, broker, or receive compensation in connection with fiduciary liability insurance products. Nothing in this video is a recommendation to purchase any specific policy, rider, or carrier.

Statutory and regulatory references (including ERISA Sections 409, 410(a), and 412, the IRS Employee Plans Compliance Resolution System (EPCRS), and the DOL Voluntary Fiduciary Correction Program (VFCP)) reflect the law as of the date of this video's production and are subject to change. Dollar thresholds referenced (including bond minimums/maximums, correction-program sublimits, and rider premium ranges) are illustrative and should be independently verified with current plan documents, insurance carriers, and regulators.

References to "plan fiduciaries" in this video are general in nature. intellicents' specific fiduciary role and scope of services (e.g., as a 3(38) Investment Manager) are defined in the applicable client services agreement and are separate from plan administration functions performed by the plan's recordkeeper or third-party administrator (3(16) fiduciary).

This material does not constitute an offer to sell, or a solicitation of an offer to purchase, any advisory service, and is not a substitute for a review of intellicents' Form ADV Part 2A and Form CRS, available upon request or at adviserinfo.sec.gov.