Tag Archive: fiduciary

Five Reasons Why Cryptocurrencies Can Present Serious Risks to 401(k) Fiduciaries and Participants

On March 10, 2022, the Department of Labor’s Employee Benefits Security Administration (EBSA) released compliance guidance that cautions plan fiduciaries to exercise extreme care before they consider adding a cryptocurrency… Read more >

Know Your Plan Custodian: What Does a Benefits Plan Custodian Do?

Know Your Plan Custodian: What Does a Benefits Plan Custodian Do?

As the safekeeper of plan assets, custodians are among the service providers that multiemployer benefit plan trustees have a fiduciary duty to monitor. Yet plan custodians are not discussed as… Read more >