🇺🇸 Live Workplace Safety & WHS/OHS

ERISA Fiduciary (29 CFR 2550)

Sets standards of conduct for fiduciaries managing employee benefit plans, including duties of loyalty, prudence, and diversification. Applies to plan administrators, trustees, and investment managers of private-sector retirement and health plans.

View official source document

Rules extracted

920

Obligations decomposed

35.4x

Avg obligations per rule

🇺🇸 United States

Jurisdiction

What AuditDSS covers

Source

Regulation

Extracted

Rules

Decomposed

920

Obligations

35.4x

Decomposition ratio

Each rule is decomposed into an average of 35.4 atomic obligations — the smallest testable units that can be independently violated.

Fully extracted & scored

All 920 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.

Risk scoring

Every obligation in ERISA Fiduciary is scored across independent risk dimensions:

Obligation Weight

How critical within the regulatory framework

Violation Likelihood

How often breached in practice

Enforcement Evidence

Regulator enforcement history and penalties

Cascade Dependency

How many obligations depend on this one

Regulatory details

Full title: ERISA Fiduciary (29 CFR 2550)
Regulatory body: Department of Labor - Employee Benefits Security Administration
Jurisdiction: 🇺🇸 United States
Document type: regulation
Effective date: January 1, 1975
Industry: Workplace Safety & WHS/OHS
Official source: View source document ↗

Who this applies to

plan fiduciariesplan administratorsinvestment managersemployers sponsoring benefit plans

Key requirements

fiduciary duty of loyalty
fiduciary duty of prudence
plan asset diversification
compliance with plan documents
prohibited transaction rules
reporting and disclosure

Frequently asked questions about ERISA Fiduciary

What is ERISA Fiduciary?

Who does ERISA Fiduciary apply to?

ERISA Fiduciary applies to plan fiduciaries, plan administrators, investment managers, employers sponsoring benefit plans.

How many obligations does ERISA Fiduciary contain?

AuditDSS has decomposed ERISA Fiduciary into 920 atomic obligations from 26 rules. Each obligation is independently testable and risk-scored.

What are the key requirements of ERISA Fiduciary?

The key requirements include: fiduciary duty of loyalty, fiduciary duty of prudence, plan asset diversification, compliance with plan documents, prohibited transaction rules, reporting and disclosure.

How can I assess my ERISA Fiduciary compliance?

Upload your compliance policy to AuditDSS. The platform maps your document against all 920 ERISA Fiduciary obligations using deterministic AI scoring — not checklists or LLM summaries. You get a risk-scored gap analysis showing exactly which obligations are covered, partially covered, or missing.

Which jurisdiction enforces ERISA Fiduciary?

ERISA Fiduciary is enforced in United States by Department of Labor - Employee Benefits Security Administration.

When did ERISA Fiduciary come into effect?

ERISA Fiduciary became effective on January 1, 1975.

What industry does ERISA Fiduciary apply to?

ERISA Fiduciary is primarily relevant to the Workplace Safety & WHS/OHS industry. AuditDSS covers 45 regulations in this industry sector.

Build a ERISA Fiduciary compliance pack

Don't have a compliance policy yet? AuditDSS generates a complete compliance pack for ERISA Fiduciary — alone or combined with other regulations your business needs. Every clause is mapped to specific obligations.

Policy

High-level commitments and governance framework covering ERISA Fiduciary requirements.

Procedures

Step-by-step operational procedures to implement each policy commitment.

Forms & checklists

Ready-to-use forms, registers, and checklists for day-to-day compliance operations.

Multi-regulation

Combine ERISA Fiduciary with other regulations into a single unified compliance pack for your business.

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Already have a policy? Assess it against ERISA Fiduciary

Upload your document

Upload your compliance policy, program manual, or operational document. AuditDSS accepts any text-based document.

AI maps against 920 obligations

Your document is scored against every obligation in ERISA Fiduciary. Each claim is mapped to the obligation tree and evaluated for coverage.

Risk-scored gap report

Receive every gap ranked by risk priority with remediation guidance, enforcement evidence, and cascade impact analysis.