Employer as Fiduciary Quiz by Filippo Balistreri | Sep 18, 2020 | Forms and Quizzes Employer Quiz Name First Last Company Name*Email If you are the sole owner of your business, are you always a fiduciary?*YesNoWhen you hire outside firms to help you, are you responsible for what they do?*RarelyAlwaysNeverAs the owner of the company, and because you take more risks, you are allowed to have different benefits in the plan than your staff.*TrueFalseWhat is the correct definition of Participant?*An employee with an account balanceAn employee who could have an account balanceCurrent employees with account balancesAs the owner of the company, and because you take more risks, you are allowed to have different benefits in the plan than your staff.*Sarbanes Oxley Notice408(b)(2) NoticeQualified Default Investment Account Notice
