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International Paper - PLANSPONSOR.com

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Case 3:06-cv-00703-DRH-CJP Document 2 Filed 09/11/2006 Page 45 of 52E. To track and account for all transactions involving the Plans and Plan assetsso as to ensure that Plan assets “never inure to the benefit of any employer andshall be held for the exclusive purposes of providing benefits to participants inthe Plan and their beneficiaries and defraying reasonable expenses ofadministering the Plan;”F. To ensure that the fees and expenses incurred by the Plans are reasonable andincurred for the sole and exclusive benefit of the Plans’ participants andbeneficiaries;G. In entering into agreements with service providers to the Plans, to ensure thatthe payments from the Plans – whether they are direct or indirect – arereasonable for the services provided and made for the sole and exclusive benefitof Plan participants and beneficiaries;H. In operating and administering the Plans, to establish, implement, and followprocedures to properly and prudently determine whether the fees and expensespaid by the Plans were reasonable and incurred solely for the benefit of Planparticipants;I. In operating and administering the Plans, on an ongoing basis to monitor thepayments made by the Plans to service providers – whether they are direct orindirect – are and remain reasonable for the services provided and made for thesole and exclusive benefit of the Plans’ participants and beneficiaries;J. To inform themselves of, and understand, the various methods by whichvendors in the 401(k) industry collect payments and other revenues from 401(k)plans;45

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