Fiduciary Duties & Retirement Plans: Your Responsibilities are Changing

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Come April 2017, the Department of Labor’s regulations on employer responsibilities towards retirement plans and other employee benefits are changing! If you are actively involved in decisions regarding employee benefits you need to ensure your responsibilities do not turn into liabilities. Hear from three local experts on how to best navigate the changes. At this event, you will:
  • Learn how employers' duties have changed and how to monitor and assure compliance
  • Discover how to monitor fiduciary responsibilities; how a well done employee benefit plan can keep fiduciaries out of trouble and the nuts and bolts of outsourcing your governance process to a fiduciary process.
  • Measure outcomes. Is your plan successful for employee retirement?

Moderator: David Levi, CPA, Senior Managing Director, CBIZ MHM, LLC   
David is a certified public accountant with over 30 years of experience in public accounting. He is also the Sr. Managing Director in CBIZ's Minneapolis office and has worked with companies ranging in size from small, development-stage companies to companies in excess of $200 million in revenue. David graduated from the University of Iowa – Iowa City, with a Bachelor’s Degree in Accounting. He has also received the American Institute of Certified Public Accountants (AICPA) Personal Financial Specialist Designation.

Panelist: Lisa M. Lamm Bachman, Employment Attorney and Minneapolis Managing Partner, Foley & Mansfield, PLLP    
Lisa is a managing partner in Foley & Mansfield’s Minneapolis office focusing her practice on employment law and litigation. Defending employers relative to matters involving discrimination, retaliation, whistleblower, FMLA, ERISA and FLSA, Ms. Bachman has successfully tried numerous cases before both bench and jury, and handled more than a dozen appellate proceedings. Ms. Bachman also assists employers in responding to inquiries initiated by administrative agencies and charges of discrimination filed with the EEOC, the Minnesota Department of Human Rights and the Minneapolis Department of Civil Rights.     

Panelist: Brian Bergmann, CPA, Managing Director, CBIZ MHM, LLC
Brian is a director and shareholder in CBIZ MHM's Minneapolis office and has worked with companies ranging in size from small, development-stage companies to companies in excess of $150 million in revenue and $10 million in equity.  He has extensive experience with auditing employee benefit plans, including defined contribution, defined benefit and employee stock ownership plans. Brian has direct responsibility for the benefit plan audits for the Minneapolis office.   

Panelist: Joe Swanson | Retirement Plans Specialist and Employer Consultant, Principal Advisor Network
Joe has worked with over 100 employers regarding their plans ranging from startup to over $100,000,000 in plan assets. His background in small-business retirement planning and implementation helps employers manage their Deferred Compensation, 401(k), Pension and ESOP Plans. Swanson first started in the Financial Services business with Principal in the summer of 2003. His past professional activities include the Minneapolis Chamber of Commerce Small Business Committee and the Minnesota State Colleges and Universities (MnSCU) Trustee where he served as treasurer of the MnSCU Board.