Regulatory & Compliance | 11.06.26

DOL Submits Final Rule on Alternatives in 401(k)s to White House for Review

by: Courtney Degen

The U.S. Department of Labor (DOL) has submitted its proposed rule on alternative investments in 401(k) plans to the White House Office of Management and Budget for review, signaling progress toward finalization. The proposal would establish a fiduciary safe harbor based on six factors: performance, fees, liquidity, valuation, benchmarks and complexity. It received more than 41,000 public comments, including strong opposition from Democratic lawmakers, advocacy groups and state attorneys general. A pending U.S. Supreme Court decision on meaningful investment benchmarks could complicate the rule’s finalization, with a ruling expected by June.

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