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DOL Sheds Light on Fiduciary Responsibilities That Arise with Pooled Employer Plans
Ropes & Gray LLP
[Guidance Overview] July 31, 2025 "[The RFI] reminds employers that while they can mitigate their risk of ERISA fiduciary liability by having a PEP's pooled plan provider assume full responsibility for selecting and retaining investment managers, the employer still must prudently select and monitor the pooled plan provider. The RFI also solicits information about prevailing market practices in order to determine the need for a potential safe harbor to promote greater utilization of these plans[.]" MORE >> |
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