Every qualified plan must have at least one named fiduciary. There may also be other functional fiduciaries. Fiduciaries have the highest duty and responsibility provided by law. Fiduciaries are also personally liable for breaching these duties. In the current regulatory and litigation environment, it is imperative that retirement plan fiduciaries are fully apprised of and trained for meeting its fiduciary obligations. Our firm provides an effective training program in this regard.