RETIREMENT PLAN ADVISORS

You’ve built fiduciary
governance for retirement
plans. Health plans need the same expertise.

Your clients carry a governance gap on their health plan that mirrors the 401(k) gap you closed for them years ago. This is the natural next step for your relationship.

01

The litigation
pattern is repeating.

The December 2025 Schlichter Bogard suits are the warning signal of the tidal wave that follows. Your experience in 401(k) litigation over the last 20 years gives you best practices
expertise².

THEN

401(k)

20 YEARS

Health Plans

NOW

§409

PERSONAL LIABILITY

ERISA

02

The exposure sits with
people you already advise.

Your clients face the same personal liability under ERISA 409 on
the health side as on the retirement side¹³.

03

The fee benchmarking process you are familiar with is now a fiduciary obligation for health plans.

CAA 2026⁹ and the pending DOL rule¹⁰ are about to hand health plan sponsors vendor compensation data resembling the fee benchmarking you already provide.

PBM compensation data

WHAT'S ARRIVING

CAA 2026 + PENDING DOL RULE

MIRRORS

WHAT YOU DELIVER TODAY

Fee
benchmarking

TRANSPARENCY AS AN ADVANTAGE

You’ve proven governance to your clients, Fiduciary Frameworks extends that to their largest, least-governed benefit spend.