Which duty is NOT included in the duties for fiduciaries under ERISA?

The duties of fiduciaries under the Employee Retirement Income Security Act (ERISA) are designed to protect the interests of plan participants and beneficiaries. One of the critical duties is the duty of disclosure, which typically encompasses obligations to provide material information about the plan to participants and beneficiaries. However, while disclosure is important, it is not explicitly categorized as a fiduciary duty under ERISA in the same way as the others mentioned.

The duties encompassed by ERISA include the duty of prudence, which mandates that fiduciaries act with care, skill, and caution when making decisions regarding plan investments or operations. The duty of loyalty requires fiduciaries to act solely in the interest of the plan participants and beneficiaries, avoiding conflicts of interest. Furthermore, the duty to monitor obligates fiduciaries to continuously oversee plan operations and investment performance to ensure compliance with ERISA standards.

While disclosure is certainly critical in the context of plan management and participant communication, it does not fall under the classic fiduciary duties defined by ERISA, making it the correct answer in this context.