ERLG — Employee Retirement Litigation Group
Current Developments

Private Equity in 401(k)s: What EO 14330 Changes — and What It Doesn't

Executive Order 14330 (2025) directs the Department of Labor to clear the way for private-equity and alternative assets in 401(k) plans. The order broadens access; it does not relax ERISA's fiduciary duty of prudence, which still requires careful diligence on fees, liquidity and valuation.

By ERLG Editorial Team · Published 2026-03-09 · Updated 2026-05-28
Key takeaways
  • Access to PE in 401(k) menus is being broadened by federal policy.
  • ERISA prudence is unchanged — process is still everything.
  • Plans should expect heightened scrutiny if they add PE without robust diligence.

It's general legal information, not legal advice. For a case-specific assessment, request a free review.

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