Defined Benefit Plan

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May 9, 2007 6:41 pm

Does the employer have the same fiduciary standards under a defined benefit plan as they do under a defined contribution plan?


Any informed opinions would be greatly appreciated.


Thanks.

May 9, 2007 6:55 pm
nyhavn17:

Does the employer have the same fiduciary
standards under a defined benefit plan as they do under a defined
contribution plan?


Any informed opinions would be greatly appreciated.


Thanks.





Go contact a lawyer who specialises in ERISA law.

May 9, 2007 8:08 pm
nyhavn17:

Does the employer have the same fiduciary standards under a defined benefit plan as they do under a defined contribution plan?


Any informed opinions would be greatly appreciated.


Thanks.




No, the standards are higher as fiduciaries of DB plans can't take advantage of the safe harbors available in DC plans.

May 9, 2007 8:13 pm

An intersting link on the subject:

http://www.ali-aba.org/aliaba/aliaba_pdf/FREE-VPL0629.pdf