DCALTA Issues Framework for Valuation of Private Equity Assets in DC Plans The firm says its framework bridges the DOL’s regulatory guidance and successful implementation of alternative assets in 401(k) plans. Reported by Last June, the Department of Labor (DOL) issued an Information Letter sanctioning the use of private equity investments in asset allocation vehicles offered in defined contribution (DC) plans. The Information Letter addressed concerns with offering private equity in DC plans—the complex organizational structure, potentially higher fees, illiquidity and complexity of valuations, among other things—with five paragraphs detailing considerations for plan fiduciaries in evaluating and monitoring the investments.