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Using AI in 401(k) Administration and Governance

February 13, 2024 (3 min read)

Artificial intelligence (AI) is poised to transform the benefits team experience. Beyond an AI administrative assistant guiding employee decision-making, generative AI has clear potential to be a strategic partner to companies and benefits teams, deciding what benefits, strategies, designs, and investments to offer. Learn more by watching this video on what’s-in-store for the future.

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Related Content

  • ERISA Fiduciary Duties
    Recognize that fiduciary duties will follow a plan sponsor or other fiduciary’s decision to employ AI. Ensure that those developing the governance structure, deploying the guardrails, providing the oversight, and performing the monitoring, understand the functionality and limitations of the AI platform in the context of following ERISA duties of loyalty and prudence.
  • ERISA Retirement Plan Investment Resource Kit
    Reference this resource kit providing guidance in the form of practice notes, checklists, templates, and clauses relating to the investment, administration, and governance of retirement plans and their investment of assets in line with ERISA requirements.

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