Fiduciaries can no longer afford to treat cybersecurity as an IT department concern alone. In a world where digital breaches can wipe out savings, destroy trust, and invite costly lawsuits, cybersecurity has become inseparable from prudent plan management—and at least an implied fiduciary duty under ERISA.
Tag "401k"

Documenting the evaluation process helps protect against potential legal challenges. By proactively managing these red flags, fiduciaries can responsibly integrate private equity into 401k plans and reduce ERISA compliance concerns.

Applying these duties to volatile cryptocurrencies requires careful thought and documentation. How, then, is the industry interpreting this “neutral stance” from the DOL?

While the current landscape is still taking shape, the trajectory of AI’s influence is undeniable. There’s no question 401k AI is moving in a direction where it will take on a critical role in moving beyond averages to identify specific savings gaps and in enabling more precise, effective fiduciary interventions.