IFS Selected to Serve as an Independent Fiduciary Regarding Employer Stock in the Defined Benefit & 401k Plans of NYSE Companies

IFS has been selected to serve as the independent fiduciary regarding employer stock in the defined benefit and 401k plans of numerous New York Stock Exchange-listed companies, including members of the Fortune 100 and Fortune 500.

Regarding defined benefit plans, IFS' role typically includes determining whether and on what terms to accept the employer stock as an in-kind contribution either in addition to minimum cash contribtuions or in lieu of them.  Regarding 401k plans, IFS’ role typically includes the authority to decide whether, in light of plan provisions requiring employer stock as an investment option, to place limits on employees’ participation in the employer stock fund or even to sell some or all of the plan’s holdings of the stock.  

To request further information please utilize the Contacts feature of the IFS website.