The DOL has issued proposed regulations governing a fiduciary’s responsibilities regarding the disclosure of fee and expense information to participants and beneficiaries in participant-directed plans.
Document Excerpt
This document contains a proposed regulation under the Employee Retirement Income Security Act of 1974 (ERISA) that, upon adoption, would require the disclosure of certain plan and investment-related information, including fee and expense information, to participants and beneficiaries in participant-directed individual account plans (e.g., 401(k) plans).
Link http://www.dol.gov/federalregister/HtmlDisplay.aspx?DocID=20973&AgencyID=8&DocumentType=1
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