Learning the Basics

A core understanding of your fiduciary role can help keep you and your organization protected.

Ready to get started? We’ve made it easy by collecting the key information you need to know in one place here on PSW, but as always, if you have questions or need more information, contact your Fidelity Representative.

How to use this guide

You can begin with the first section, “Who is a Fiduciary?” and then follow each topic in order if you’re looking for an overview, or you can skip to specific topics by using the directory below

Part 1: Fiduciary Rules Part 2: Strategies to limit your liability Part 3: Your protection plan
Who is a fiduciary? Process and documentation Your Protection Plan
What do I need to do if I am a fiduciary? Compliance with ERISA Section 404c
Delegation of fiduciary responsibility Selection and monitoring of service providers
Consequences of breach of fiduciary duties 
Employee Retirement Income Security Act of 1974 (ERISA) Requirements

Fidelity does not provide legal advice, and the information provided herein is general in nature and should not be considered legal advice. Consult an attorney regarding your plan’s specific legal situation.

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