diff --git a/crates/iam/src/store/object.rs b/crates/iam/src/store/object.rs
index b626719a2..8cb60d2e7 100644
--- a/crates/iam/src/store/object.rs
+++ b/crates/iam/src/store/object.rs
@@ -362,6 +362,7 @@ impl ObjectStore {
         let (tx, mut rx) = mpsc::channel::<ObjectInfoOrErr>(100);
 
         let path = prefix.to_owned();
+        let sender_on_error = sender.clone();
         tokio::spawn(async move {
             if let Err(err) = store
                 .walk(ctx.clone(), Self::BUCKET_NAME, &path, tx, WalkOptions::default())
@@ -378,6 +379,12 @@ impl ObjectStore {
                     error = %err,
                     "system path walk failed"
                 );
+                let _ = sender_on_error
+                    .send(StringOrErr {
+                        item: None,
+                        err: Some(err.into()),
+                    })
+                    .await;
             }
         });
 
@@ -1018,6 +1025,14 @@ impl Store for ObjectStore {
     }
 
     async fn load_all(&self, cache: &Cache) -> Result<()> {
+        let policy_docs_snapshot = cache.policy_docs.load();
+        let users_snapshot = cache.users.load();
+        let user_policies_snapshot = cache.user_policies.load();
+        let groups_snapshot = cache.groups.load();
+        let user_group_memberships_snapshot = cache.user_group_memberships.load();
+        let group_policies_snapshot = cache.group_policies.load();
+        let sts_accounts_snapshot = cache.sts_accounts.load();
+        let sts_policies_snapshot = cache.sts_policies.load();
         let listed_config_items = self.list_all_iamconfig_items().await?;
 
         let mut policy_docs_cache = CacheEntity::new(get_default_policyes());
@@ -1059,8 +1074,6 @@ impl Store for ObjectStore {
             }
         }
 
-        cache.policy_docs.store(Arc::new(policy_docs_cache.update_load_time()));
-
         let mut user_items_cache = CacheEntity::default();
 
         // users
@@ -1104,6 +1117,7 @@ impl Store for ObjectStore {
         }
 
         // groups
+        let mut groups_cache = None;
         if let Some(item_name_list) = listed_config_items.get(GROUPS_LIST_KEY) {
             let mut items_cache = CacheEntity::default();
 
@@ -1115,10 +1129,11 @@ impl Store for ObjectStore {
                 };
             }
 
-            cache.groups.store(Arc::new(items_cache.update_load_time()));
+            groups_cache = Some(items_cache);
         }
 
         // user policies
+        let mut user_policies_cache = None;
         if let Some(item_name_list) = listed_config_items.get(POLICY_DB_USERS_LIST_KEY) {
             let mut item_name_list = item_name_list.clone();
 
@@ -1159,10 +1174,11 @@ impl Store for ObjectStore {
                 item_name_list = item_name_list.split_off(32);
             }
 
-            cache.user_policies.store(Arc::new(items_cache.update_load_time()));
+            user_policies_cache = Some(items_cache);
         }
 
         // group policy
+        let mut group_policies_cache = None;
         if let Some(item_name_list) = listed_config_items.get(POLICY_DB_GROUPS_LIST_KEY) {
             let mut items_cache = CacheEntity::default();
 
@@ -1177,7 +1193,7 @@ impl Store for ObjectStore {
                 };
             }
 
-            cache.group_policies.store(Arc::new(items_cache.update_load_time()));
+            group_policies_cache = Some(items_cache);
         }
 
         let mut sts_policies_cache = CacheEntity::default();
@@ -1216,7 +1232,6 @@ impl Store for ObjectStore {
             // cache.users.store(Arc::new(items_cache.update_load_time()));
         }
 
-        cache.build_user_group_memberships();
         let mut sts_items_cache = CacheEntity::default();
         // sts users
         if let Some(item_name_list) = listed_config_items.get(STS_LIST_KEY) {
@@ -1245,9 +1260,41 @@ impl Store for ObjectStore {
             }
         }
 
-        cache.users.store(Arc::new(user_items_cache.update_load_time()));
-        cache.sts_accounts.store(Arc::new(sts_items_cache.update_load_time()));
-        cache.sts_policies.store(Arc::new(sts_policies_cache.update_load_time()));
+        let policy_docs_current = cache.policy_docs.load();
+        let users_current = cache.users.load();
+        let user_policies_current = cache.user_policies.load();
+        let groups_current = cache.groups.load();
+        let user_group_memberships_current = cache.user_group_memberships.load();
+        let group_policies_current = cache.group_policies.load();
+        let sts_accounts_current = cache.sts_accounts.load();
+        let sts_policies_current = cache.sts_policies.load();
+
+        if Cache::ptr_eq(&*policy_docs_snapshot, &*policy_docs_current)
+            && Cache::ptr_eq(&*users_snapshot, &*users_current)
+            && Cache::ptr_eq(&*user_policies_snapshot, &*user_policies_current)
+            && Cache::ptr_eq(&*groups_snapshot, &*groups_current)
+            && Cache::ptr_eq(&*user_group_memberships_snapshot, &*user_group_memberships_current)
+            && Cache::ptr_eq(&*group_policies_snapshot, &*group_policies_current)
+            && Cache::ptr_eq(&*sts_accounts_snapshot, &*sts_accounts_current)
+            && Cache::ptr_eq(&*sts_policies_snapshot, &*sts_policies_current)
+        {
+            cache.policy_docs.store(Arc::new(policy_docs_cache.update_load_time()));
+            if let Some(groups_cache) = groups_cache {
+                cache.groups.store(Arc::new(groups_cache.update_load_time()));
+            }
+            if let Some(user_policies_cache) = user_policies_cache {
+                cache.user_policies.store(Arc::new(user_policies_cache.update_load_time()));
+            }
+            if let Some(group_policies_cache) = group_policies_cache {
+                cache.group_policies.store(Arc::new(group_policies_cache.update_load_time()));
+            }
+            cache.users.store(Arc::new(user_items_cache.update_load_time()));
+            cache.sts_accounts.store(Arc::new(sts_items_cache.update_load_time()));
+            cache.sts_policies.store(Arc::new(sts_policies_cache.update_load_time()));
+            cache.build_user_group_memberships();
+        } else {
+            warn!("skip IAM full reload cache commit because one or more IAM caches changed during reload");
+        }
 
         Ok(())
     }