The Qs&As are designed to respond to questions raised within the benefits community regarding the new fee and compensation reporting requirement on Schedule C of Form 5500.
Document Excerpt
On November 16, 2007, the Department of Labor’s Employee Benefits Security Administration (EBSA) published final form revisions and a final regulation, generally effective for plan years beginning on or after January 1, 2009, providing new requirements for reporting service provider fees and other compensation on the Schedule C of the 2009 Form 5500 Annual Return/Report of Employee Benefit Plan.
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