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The ERISA Fiduciary Advisor provides information and answers to a variety of questions about who is a fiduciary and
their responsibilities under the Employee Retirement Income Security Act (ERISA). This Advisor was
developed by the Employee Benefits Security Administration (EBSA) in its continuing effort to increase awareness and
understanding about basic fiduciary responsibilities when operating a retirement plan. ERISA is a federal law
that sets standards of conduct for those who manage a private-sector retirement plan and its assets.
The Department of Labor (DOL)
developed the elaws Advisors to help employees and employers understand their
rights and responsibilities under numerous federal employment laws. Each
Advisor includes links to more detailed information that may be useful to the
user, such as links to regulatory text, publications and organizations.
DISCLAIMER
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