ERISA Section 404(c) | Practical Law
A Practice Note providing an overview of the requirements that a defined contribution fiduciary subject to Section 404(c) of the Employee Retirement Income Security Act of 1974 (ERISA) must meet to be absolved from liability for losses incurred by a plan participant as a result of the participant's own investment instructions. This Note looks at the details of these requirements, including required plan disclosures.