Do you have signed agreements with all service providers that outline responsibilities, fees, and service standards?

Have all investment fiduciaries been identified and have they acknowledged their status and responsibilities in writing?

Are investments managed in accordance with applicable laws, trust documents, and written investment policy statements?

Does the IPS define monitoring criteria for investment options and service vendors?

Has a formal Investment Policy Statement (IPS) been adopted?

Has the IPS been signed by all plan fiduciaries acknowledging their intention to manage the plan in accordance with the guidelines set forth?

Does the IPS define procedures for controlling and accounting for investment expenses?

Does the IPS define procedures for controlling and accounting for investment expenses?

Are there periodic reports that compare investment performance against an appropriate index, peer group, and IPS objectives?

Does your plan have an up-to-date summary plan description and have you distributed the SPD to participants at the times required by law?

Are there guidelines outlined in the IPS for the replacement or removal of an investment from the plan?

Are all plan fees reviewed and documented regularly?

Do the plan committee and other fiduciaries meet at least annually and keep well-documented minutes of those meetings?

Does your plan provide employee enrollment programs explaining the importance of participation in the plan, saving for retirement, and investment basics?

Does your plan intend to be 404-C compliant?

Have you informed participants of this and given them the information required by ERISA?

Are your plan fees reasonable for similar size plans with similar features?

Do you have a documented process to demonstrate that your plan is in compliance with ERISA requirements?

Does your plan provide and track ongoing employee investment education?