03/06/2026
Fiduciary Liability Coverage: A DOL Forfeiture Case Study
"Plan sponsors often assume that the routine mechanics of a retirement plan, the payroll feeds, the contribution reconciliations, and the forfeiture accounting are administrative details handled quietly somewhere inside the recordkeeping system. A recent enforcement action brought by the United States Department of Labor (DOL) demonstrates how quickly those routine functions can become the foundation for personal liability, and why fiduciary liability coverage has shifted from a discretionary purchase to a practical necessity."
Read more in our blog. Link in comments.