CRPS Practice Questions - CRPS Chartered Retirement Plans Specialist Exam

A person is an ERISA fiduciary if that person:

Works in human resources for any employer that sponsors a plan Exercises discretionary authority or control over plan management or assets Receives compensation from the employer sponsoring the plan Prepares payroll for participants with elective deferrals

Correct Answer:

Exercises discretionary authority or control over plan management or assets

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