Does the Plan operate in accordance with the Plan/Trust Documents?

Who are the Plan fiduciaries and parties-in-interest?

Is there a prudent fiduciary decision making process and is there sufficient documentation to support their decisions?

Is the Plan being used for the exclusive purpose of providing benefits?

Are the Plan assets properly diversified to avoid the risk of large loss?

Has the Plan entered into any prohibited transactions or used the plan assets to promote the interests of anyone other than the plan participants?

Are all Plan assets properly titled in the name of the Plan?

Is the investment return appropriate for the objectives of the Plan?

Do Plan investments appear prudent and are investment losses the result of market forces rather than imprudent fiduciary conduct?

Do the Plan fiduciaries periodically monitor plan investments and prudently evaluate whether to keep or replace them and maintain adequate documentation of their deliberations?

Are the service provider arrangements reasonable and is the cost and quality of those services in line with the industry?

Are the employee contributions forwarded to the trust or mutual fund company in compliance with the plan asset regulations?

Do participant loans comply with the ERISA requirements?

Does the participant education program comply with the ERISA Section 404c regulations and Interpretative Bulletin 96-1, if applicable?

Does the purchase and holding of Employer Securities or Employer Real Property comply with ERISA?

Does the Plan meet the reporting, bonding and disclosure requirements of ERISA?

Are all Plan expenses appropriate for the Plan and not settlor expenses that should be paid by the Employer