The team at Apex Fiduciary differentiates themselves from other Trustees as they have experience in all aspects of ESOPs from structure, design and fiduciary knowledge to negotiate fairly on behalf of the ESOP participants as well as all operational aspects of the ESOP.
They bring his experience to the Board with high-level strategic thinking, understanding the intricacies of compliance as well as getting into the details with what is important to participants.
Securing a Trustee
What is a Trustee?
ERISA has 4 main standards for retirement plan fiduciaries:
And, the 3 key principals that guide fiduciary actions:
How Does a Trustee Operate?
Trustees and fiduciaries must:
And, the risk is personal liability if there is a breach of duty Liability for other fiduciaries who breach their duty
Don’t be deceived into thinking:
Consider the Independence
We take fiduciary responsibility for all plan actions to: