Conducting Effective Service Provider RFPs for ERISA Retirement and Health Plans
Crafting Comprehensive Proposals to Meet Fiduciary Duties and to Avoid Litigation and DOL Audits
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will prepare in-house counsel and ERISA plan fiduciaries to conduct requests for proposals (RFPs) for retirement plan service providers. The panel will discuss when and how often plan fiduciaries should undertake an RFP process, outline the elements that make up a comprehensive and effective RFP, and offer practice pointers to meet ERISA fiduciary duties and achieve better outcomes for the company and plan participants.
- Overview of ERISA requirements and DOL guidance
- Elements of a thorough RFP questionnaire
- Interviewing service provider candidates
- Documenting the RFP process
The panel will review these and other key issues:
- When and how often should plan fiduciaries undertake the RFP process?
- What essential questions should be included in the RFP questionnaire regarding a service provider’s fees, the scope of services, and cybersecurity procedures?
- How can my company obtain enhanced contractual provisions in the agreements with our service providers?
W. Andrew Douglass
Mr. Douglass is a member of the firm’s Global Corporate Group and focuses his practice in the areas of... | Read More
Mr. Douglass is a member of the firm’s Global Corporate Group and focuses his practice in the areas of employee benefits and executive compensation. He regularly counsels both public and private companies on their tax-qualified and non-qualified retirement plans, health and welfare plans, and other employee benefit arrangements. He has extensive experience advising clients on issues that arise during mergers, acquisitions, debt and equity financing transactions, joint ventures, and private equity transactions.Close
Roberta Casper Watson
The Wagner Law Group
Ms. Watson focuses on ERISA and employee benefits. She concentrates on a wide array of areas including, pension and... | Read More
Ms. Watson focuses on ERISA and employee benefits. She concentrates on a wide array of areas including, pension and profit sharing plans, health and welfare benefit plans, including COBRA, HIPAA and the Affordable Care Act, ERISA fiduciary decision-making, Employee Stock Ownership Plans, benefits litigation backup, benefits aspects of mergers and acquisitions, employee benefits aspects of family law, labor laws affecting employee benefits, other employee benefits and deferred Compensation, and employee benefit disputes and employee benefits claims.Close