Due in part to the housing crisis, high unemployment and the general economic downturn, many American workers are under a considerable amount of financial stress. The question for the small business owner is, “Does my employee’s financial health and related stress impact my company’s net income?”

This article is the second in our Common Fiduciary Challenges series. As a financial advisor who consults regularly with pension clients working with my firm’s retirement plan unit, there are some common issues that arise when consulting with a new client. This series is designed to highlight some of these more frequently identified issues.

This quiz will help you determine whether or not you are on the right track as a retirement plan fiduciary. It is not meant to be an all-inclusive, exhaustive review of every aspect of a sound fiduciary process for a qualified plan sponsor. This quiz does however cover a number of issues that retirement plan sponsors should consider and may help indicate whether further review of your internal procedures is warranted.