Back to Glossary

3(21) fiduciary

A 3(21) co-fiduciary is appointed by the plan sponsor to provide an investment advisor for the retirement plan and its assets. While a 3(21) fiduciary provides recommendations, they share fiduciary responsibility. For example, selecting Human Interest as a 3(21) fiduciary allows the plan sponsor to select specific funds.

Get a 401(k) in as little as 10 minutes

A Human Interest 401(k) plan can connect directly with your favorite payroll provider and has zero transaction fees.

Get Started