Kathryn Geoffroy ([email protected])

DOL Guidance on Plan Investment in Alternative Assets Focuses on Fiduciaries’ Selection Process

On March 30, 2026, the U.S. Department of Labor proposed a new rule relating to the selection of investment options for participant-directed individual account plans such as 401(k) plans, including options with exposure to alternative assets (Proposed Rule). Under a safe harbor in the Proposed Rule, if fiduciaries consider six key factors when choosing desig