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It comes from outdated processes that haven’t kept pace with today’s fiduciary expectations. Most plan sponsors don’t ignore their fiduciary responsibilities. In fact, many committees are doing what they believe is right. The challenge is that fiduciary risk often builds quietly—when processes, documentation, and oversight practices haven’t been revisited as regulations, plan complexity, and scrutiny increase. After working with plan committees for nearly two decades, we often see fiduciary exposure arise from: Good intentions alone don’t reduce fiduciary risk. Clear…