401k AI fiduciary traps could spark ERISA violations. Discover how plan sponsors can navigate compliance risks with transparency.
Posts From Christopher Carosa, CTFA
AI fiduciary traps refer to compliance risks arising from inaccurate, biased, or undocumented AI outputs in 401k plan administration. Do you think the tort bar is salivating over this, waiting for that inevitable misstep?
High 401k fees drain savers, but 401k AI fee benchmarking cuts costs precisely, ensuring ERISA compliance and protecting participants.
Enter 401k AI fee benchmarking—a fiduciary lifeline that cuts through the haze with surgical precision. Why aren’t sponsors demanding this tool from their service providers?
401k plan sponsors may overlook key questions about TDFs, fees, and AI, risking ERISA violations. Discover how to safeguard your plan.
By proactively addressing these critical 401k plan sponsor questions, sponsors can enhance their plans, protect participants, and shield themselves from unnecessary fiduciary exposure.
Traditional 401k risk questionnaires may expose fiduciaries to liability by confusing participants’ retirement strategies. Learn why popular risk assessments can be misleading.
Here’s where the real disconnect kicks in: participants and pros don’t speak the same language on risk. Participants “feel” it. Meanwhile, advisers whip out rulers like standard deviation or some index, measuring volatility in neat little boxes.
Plan sponsors: Empower 401k savers to face volatility with confidence—how-to here!
Advisors do more than plot portfolios. They calm nerves, making them frontline warriors against volatility panic, turning “what if” into “we’ve got this.”
