Defined contribution plan fiduciaries were required to receive fee disclosures from covered service providers by July 1, 2012 pursuant to final regulations under ERISA §408(b)(2). See Blog Posts. https://benefitsnotes.com/2012/05/labor-issues-qas-on-required-fee-disclosures-to-participants/ https://benefitsnotes.com/2012/04/408b-2-disclosures-that-wasnt-so-bad-was-it/ A separate Labor Regulation now requires that plan administrators provide an initial fee disclosure to plan participants and beneficiaries by August 30, 2012 and begin
Understanding Employee Benefits and key developments in the employee benefits field and items of interest to our clients. MORE