About the Author
S. John Ryan
S. John Ryan is a partner in Seward & Kissel’s Employee Benefits Group. John advises a variety of clients concerning all aspects of employee benefits matters, and has particular expertise with the fiduciary aspects of ERISA.
In order to avoid engaging in a prohibited transaction under the Employee Retirement Income Security Act (ERISA), fiduciaries of ERISA-covered plans must determine whether the compensation payable to plan service providers is “reasonable” within the meaning of Section 408(b)(2) of ERISA.
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