Section 404 (c) contains what are commonly referred to as a "QDIA" provision and a "Mapping" provision that allow 404 (c) protection even if the participant fails to provide investment …

Jul 11, 2023 · ERISA Section 404 (c) is a provision of the Employee Retirement Income Security Act of 1974 (ERISA) that provides certain protections to fiduciaries of participant-directed …

Agencies/Departments shall prepare a Remittance Advice (RA) form, STD 404C, for each payee listed on a claim schedule. Agencies/Departments that want to use a customized RA form …

Jul 15, 2024 · ERISA 404 (c) protects employers from liability for investment losses resulting from 401 (k) participants making their own investment decisions.

Sep 24, 2018 · According to Reish and the Wells Fargo paper, to be 404 (c) compliant, a plan must meet two general requirements. The first is that the plan must offer a “broad range” of …

ERISA section 404(c) applies to retirement plans and provides that, in the case of individual account plans which allow participants and beneficiaries (hereinafter collectively referred to as …

Apr 30, 2024 · In order to obtain Section 404 (c) protection, fiduciaries must adhere to a number of requirements, issued in 1992 and amended in 2010, as part of the Department of Labor’s …

Feb 16, 2024 · Section 404 (c) is a specific provision granting employees the authority to make investment decisions for their retirement accounts. This empowers people to control the …

Section 404(c) compliance means protection for plan fiduciaries. Tax-qualified workplace retirement savings plans often permit participants to direct investments. Does this mean that …

Section 404 (c) of ERISA relieves fiduciaries from liability for participants' and beneficiaries' investment decisions in participant-directed individual account plans (like 401ks) if four …