No Discrimination in My Benefits Act
This bill amends ERISA (the Employee Retirement Income Security Act) to require retirement plan fiduciaries to select, monitor, and retain service providers (like investment advisors or administrators) without considering race, color, religion, sex, or national origin. It directly affects retirement plan managers and administrators who choose third-party service providers for employer-sponsored plans like 401(k)s. The key provision adds a new requirement to ERISA’s existing rules, mandating that these selection decisions must comply with non-discrimination standards under federal civil rights law. The bill does not change benefit amounts or eligibility but ensures the process for choosing plan service providers is inclusive. This is a procedural update to existing retirement plan rules, not a new benefit or policy.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2023
Committee Review
Floor Vote
President
Introduced Sep 5, 2023
Last action Sep 26, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
3
Amendments
1
Sep 26, 2023
Lower · Passed
Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 118-226.
lower
Sep 14, 2023
Introduced
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 19.
lower
Sep 14, 2023
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Sep 5, 2023
Committee
Referred to the House Committee on Education and the Workforce.
lower
Sep 5, 2023
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bob Good
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 5338
Scope: US
Hi! I can help you understand HR 5338. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline