guidance on fund mapping?

[Guest cherryred]

Can anyone direct me to guidance on fund mapping when a 401(k) is changing providers? Is there any DOL guidance on this (particularly recent guidance)?

[jpod]

There is no guidance from the gov't, other than perhaps a stray statement here and there that decisions concerning mapping (e.g., whether to map and how to map) must be made with reference to the ERISA rules of fiduciary responsibility.

[MWeddell]

Assets that are mapped most likely lose any ERISA 404© protection because any use of a default fund prevents one from getting ERISA 404© protection. Losing 404© protection isn't necessarily that serious, but I thought I'd mention it.

Like the previous poster, I don't recall any DOL guidance specific to mapping to similar funds in a defined contribution plan.