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?* Yes No When you hire outside firms to help you, are you responsible for what they do?* Rarely Always Never As the owner of the company, and because you take more risks, you are allowed to have different benefits in the plan than your staff.* True False What is the correct definition of Participant?* An employee with an account balance An employee who could have an account balance Current employees with account balances As 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 Notice 408(b)(2) Notice Qualified Default Investment Account Notice
