The Center for Due Diligence is offering retirement plan sponsors a way to use the Web to find plan advisors.

CDD, Chicago, says its ERISA Advisor Evaluation service will list advisors who can help sponsors of plans of all sizes meet their fiduciary obligations.

The EAE “request for proposal” component asks plan sponsors standardized questions, and it lets sponsors add or modify questions when they issue advisor RFPs.

To be included in the database, advisors must meet a number of requirements, including registration with the U.S. Securities and Exchange Commission and ownership of suitable fiduciary liability insurance, according to CDD.

In addition to the RFP component, the EAE service offers training materials for both sponsors and advisors.