ERISA 3(21) 

What is an ERISA Section 3(21)?
Hired by the plan sponsors to recommend, assist, or help the committee in selecting service providers (recordkeepers, investment choices, third party administrators, etc.) for the plan.

Duties of an ERISA Section 3(21) Fiduciary
The duties can be many, depending upon the needs of the plan sponsor. The specific duties are outlined in an agreement between the plan sponsor and the advisor's firm.





Our ERISA 3(21) Services
As an ERISA Section 3(21) Fiduciary, we recommend, assist, or help the committee in selecting service providers, or investment options for the plan. In this model, you make the decisions and are responsible for selecting and maintaining the investment lineup for your plan




Everything you ever wanted to know about 3(21) and 3(38) fiduciaries
April 6, 2010 by fi360's Bennett Aikin