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

[quote=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.

[/quote]

Go contact a lawyer who specialises in ERISA law.
May 9, 2007 8:08 pm

[quote=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.

[/quote]

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