"AI technologies are already being integrated into various aspects of Plan management and operations. Fiduciaries should understand how these technologies can benefit participants and beneficiaries -- and how to mitigate associated risks.... Recommended action items include: [2] Integrate AI risk management into the Plan's overall governance strategy. [2] Evaluate and document how AI tools impact investment selection, recordkeeping, and participant advice. [3] Review and revise service provider contracts to include AI-specific clauses. [4] Conduct initial and periodic due diligence on vendors, involving technical experts as needed."  MORE >>