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DOL Highlights Fiduciary Analysis with Private Equity Investment

On December 21, 2021, the Department of Labor published a Supplemental Statement to its June 3, 2020 Information Letter addressing fiduciary considerations for including private equity within an investment option under an ERISA-covered defined contribution plan.
Department Of Labor Supplemental Statement Private Equity Department Of Labor Mployee Retirement Income Security Act Of 1974 401k Plan

Department Of Labor Clarifies Position Regarding Private Equity Investments By ERISA 401(k) Plans - Employment and HR

On December 21, 2021, the Department of Labor (the "DOL") published a letter (the "2021 PE Letter")1 clarifying its
current views regarding investments in private equity by ERISA-covered individual account plans' (such as 401(k) plans).
Us Department Of Labor Commission Risk Alert Department Of Labor Supplemental Statement Private Equity Defined Contribution
Source: mondaq.com

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