Browsing Tag
401(k) Fiduciary
169 posts
A 401(k) fiduciary is a person or entity responsible for managing a 401(k) plan in the best interests of its participants. Under ERISA, fiduciaries must act prudently, diversify investments, follow plan documents, and avoid conflicts of interest. This includes duties like selecting and monitoring investment options, managing fees, and ensuring compliance. Fiduciaries can be employers, plan administrators, advisors, or trustees. Failing to meet fiduciary responsibilities can result in legal liability and financial penalties. Their primary goal is to protect and grow employees’ retirement savings through responsible and ethical plan management.
Miracle on the Hudson: Why 401(k) Advisors Need a More Advanced Decision-Making Framework
Don Trone says this framework is the foundation for the special purpose avatars now being deployed to help advisors elevate their practices and strengthen fiduciary outcomes
DOL Celebrates Withdrawal of Supreme Court Petition in Home Depot 401(k) Case
EBSA’s Daniel Aronowitz says result ending case dating back to 2018 “reflects a victory for common sense”
Still Right After All These Years: Why True 401(k) Fiduciary Advice Can’t Be Mass-Produced
Eight years after Scott Simon’s warning, Ok401k’s Terry Morgan argues that outsourced, conflicted 3(38) and 3(21) models still undermine real fiduciary responsibility—and participant outcomes
SEC Releases 2026 Exam Priorities
15-page document puts emphasis on fiduciary compliance, private markets, cybersecurity, and oversight of emerging technologies; drops specific emphasis on cryptocurrency
Borzi Sounds Alarm on Trump’s 401(k) Alternatives Order
Former EBSA head says offering private assets in DC plan investment lineups may expose fiduciaries to a range of potential ERISA liabilities
Private Equity in 401(k) Plans: Policy Shift or Practical Reality?
Executive Order or not, 90 North Consulting’s Eric Dyson stresses that nothing in it requires addition of private equity to a defined contribution plan
DCALTA Issues Set of Principles to Guide DC Plan Stakeholders on Use of Private Market Investments
As push for private equity in 401(k)s intensifies, new guide for plan fiduciaries and financial professionals focuses on responsible integration of these asset classes
Prudence be Damned; School’s Out – It’s a SNO Day!
What fiduciaries need to demonstrate when investing in “Shiny New Objects”
Rethinking Risk Management in 401(k)s
With the retirement plan landscape changing fast thanks to SECURE 2.0 changes, a rash of ERISA litigation, and private equity and cryptocurrency looking to crack the 401(k) market, it’s time for plan fiduciaries to take a another look at risk management
Record-Breaking $69 Million Settlement in UnitedHealth 401(k) Case Finalized
Settlement said to be largest ever for a mismanaged retirement funds case