FAQs

Why does Fiduciary Decisions NOT use Form 5500 data?

Form 5500 data does not always accurately account for items such as Insurance Company General Accounts, Schedule C Administrative Fees and ERISA Spending Accounts. In addition, the 5500 does not recognize items that may drive costs for service providers. The most important reason though is that the 5500 contains no service, support or participant success measure information which FDI believes is required to determine fee reasonableness.