The retirement plan fiduciary on an employee group plan defaults to the employer, generally the business owner, or certain executives of the company--either CEO, COO, or CFO.
If the employer chooses, it can designate a different fiduciary to manage the plan to remove itself from fiduciary responsibilities. To find the fiduciary, one simply needs to look at the form 5500 filing to determine who is acting as the plan fiduciary.
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If the employer chooses, it can designate a different fiduciary to manage the plan to remove itself from fiduciary responsibilities. To find the fiduciary, one simply needs to look at the form 5500 filing to determine who is acting as the plan fiduciary.