Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), Wilmington Trust Asset Management, LLC (WTAM), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services. International corporate and institutional services are offered through M&T Bank Corporation’s international subsidiaries. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank. Member, FDIC.

M&T Bank Corporation’s European subsidiaries (Wilmington Trust (UK) Limited, Wilmington Trust (London) Limited, Wilmington Trust SP Services (London) Limited, Wilmington Trust SP Services (Dublin) Limited, Wilmington Trust SP Services (Frankfurt) GmbH and Wilmington Trust SAS) provide international corporate and institutional services.

WTIA, WFMC, WTAM, and WTIM are investment advisors registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply any level of skill or training. Additional Information about WTIA, WFMC, WTAM, and WTIM is also available on the SEC's website at adviserinfo.sec.gov.

Private Banking is the marketing name for an offering of M&T Bank deposit and loan products and services.

M&T Bank

Equal Housing Lender. Bank NMLS #381076. Member FDIC.

Investment and Insurance Products • Are NOT Deposits • Are NOT FDIC Insured • Are NOT Insured By Any Federal Government Agency • Have NO Bank Guarantee • May Go Down In Value

Investing involves risks and you may incur a profit or a loss. Past performance cannot guarantee future results. This material is provided for informational purposes only and is not intended as an offer or solicitation for the sale of any security or service. It is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. There is no assurance that any investment, financial or estate planning strategy will be successful.

Corporate & Institutional

The Building Blocks of Good Governance: A Guide for Plan Sponsors

March 5, 2024

Tags

As a retirement plan sponsor, the choices you offer affect employees’ sense of well-being, job satisfaction, and their families.

Whether you’re new to plan sponsorship or have a seasoned team, this fiduciary responsibility brings complexities around legal requirements, investment selections, plan design, and more. The right guidance can help satisfy your fiduciary responsibilities while reducing administrative burdens.

Wilmington Trust has created this e-book as a guide for plan sponsors like you. With decades of experience advising companies on plan governance, we understand the intricacies. We know that an experienced retirement plan advisor can help you navigate Employee Retirement Income Security Act (ERISA) regulatory requirements and create a plan designed to help improve the participant experience.

Inside, you’ll find articles and infographics that walk you through key aspects of plan governance. We’ll explain your responsibilities around fiduciary duties, managing service providers, and more. You’ll learn how to build an effective committee, select investments prudently, and engage participants through communications. Finally, we offer a calendar to help you organize your annual plan activity.

Our comprehensive approach can help you satisfy fiduciary duties and reduce your administrative burden. Connect with Wilmington Trust today to learn more.

Wilmington Trust is not authorized to and does not provide legal, accounting, or tax advice. Plan sponsors and recordkeepers should consult with their legal and tax counsel on compliance questions.

This article is intended to provide general information only and is not intended to provide specific investment, legal, tax, or accounting advice for any individual. Before acting on any information included in this article, you should consult with your professional adviser or attorney. Facts and views presented in this report have not been reviewed by, and may not reflect information known to, or the opinions of professionals in other business areas of Wilmington Trust or M&T Bank. M&T Bank and Wilmington Trust have established information barriers between their various business groups.

WTU Newsletter Card

WTU Newsletter Handler