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Risks of Cryptocurrencies in 401(k) Plans, from the Plan Auditor Perspective
Bradley J. Bartells, CPA via LinkedIn 
Apr. 28, 2022 "Based on the concerns noted from the DOL, a plan that has crypto as an investment option will most likely be a bright red flag waiving in the face of the DOL, saying 'audit me!'.... Giving participants an investment option for their retirement account which has no tangible valuation metrics, and does not have trained managers to monitor the values is a significant risk which plan fiduciaries should avoid." MORE >> |
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