01
ERISA fiduciary documentation
ERISA fiduciaries must demonstrate that plan investment options and product decisions were made prudently, in participants' interests, and with documented process. The standard requires evidence that existing tools were not designed to produce.
Skyjed structures fiduciary decision documentation within the product lifecycle — every investment option decision evidenced, every review completed on schedule, every approval permanently logged.
02
Investment option monitoring and benchmarking
Plan fiduciaries must conduct regular monitoring of investment options against benchmarks — and take documented action when options underperform. Without structured governance tooling, the evidence trail for monitoring decisions and remediation actions is incomplete.
Performance monitoring structured within the product lifecycle — benchmarks tracked, underperformance flagged, corrective actions documented and tracked to completion.
03
DOL Fiduciary Rule compliance
The DOL's fiduciary rule requires investment advisers to document that recommendations are in participants' best interest — with evidence of the analysis, conflict disclosures, and ongoing monitoring that supports each recommendation.
Fiduciary analysis and conflict documentation structured within product records — DOL-compliant evidence maintained continuously and immediately retrievable for DOL review.
04
Public pension fund governance and GASB reporting
Public pension funds face GASB reporting obligations alongside investment governance demands — and increasing scrutiny from plan beneficiaries, legislatures, and public auditors. Managing governance evidence alongside financial reporting requires an integrated platform.
Investment governance and reporting obligations integrated in a single platform — GASB compliance evidence maintained alongside product governance documentation.
05
Fee disclosure and plan cost documentation
DOL fee disclosure requirements (ERISA §404(a) and §408(b)(2)) require plan fiduciaries to collect, review, and document service provider fee information — and evidence that fee levels are reasonable relative to services provided.
Fee and cost data structured and version-controlled within the product record — disclosure obligations tracked, reasonableness analysis evidenced, and audit trail complete for DOL review.
06
Investment committee governance and escalation
Investment committee governance — decision-making authority, quorum requirements, escalation protocols, and meeting documentation — is critical to ERISA fiduciary defence. Managing this without structured tooling creates material governance gaps.
Investment committee governance structured within Skyjed — decisions logged, escalations tracked, and committee documentation permanently maintained for fiduciary defence.
Product types Skyjed manages
Defined benefit plans
401(k) plans
403(b) plans
457 plans
Public pension funds
Taft-Hartley plans
Cash balance plans
ESOP plans