Understanding Fiduciary Responsibilities Under A Group Health Plan

To meet their responsibilities as health plan sponsors, employers need to understand ERISA’s strict standards of conduct. These standards of conduct apply to individuals who manage employee benefit plans and their assets, who are called fiduciaries.

This guide, which is a Department of Labor (DOL) publication, provides an overview of the basic fiduciary responsibilities that apply to group health plans sponsors and other plan fiduciaries.