The DOL issued final 408 regulations (b)(2) on February 3, 2012 (see ErisaALERT 2012-03) which included a sample guide to initial disclosures. While not required, the DOL noted that the sample guide may be a useful tool to assist the responsible plan fiduciary. Interim final regulations which preceded the final regulations (see ErisaALERT 2010-11) requested […]
408 (b) (2), 408 regulations, Disclosure, DOL, Fee Transparency, Plan FeesYou received your 408(b)(2) disclosures from your covered service providers. Have you looked at them? Do you know what you are looking at? Do you know what you are supposed to do next?
In this ALERT we will focus on the plan sponsor’s responsibility with respect to the covered service provider (CSP) fee disclosures. MORE
2012 archive, 408 (b) (2), Disclosure, DOL, Fee Transparency, Plan FeesThe DOL issued final 408(b)(2) regulations on February 3, 2012. These regulations provide modifications to the interim final regulations issued in 2010 (see ErisaALERT 2010-11). This ErisaALERT will discuss some of the modifications. We will provide a more extensive discussion at some point in the future. The modifications Effective date – The effective date has […]
2012 archive, 408b2, covered service provider, Disclosure, DOL, fee disclosure, Fee TransparencyNovember, 2008 Fee Transparency Part 3 –2009 Schedule C As noted in Part 1 and Part 2 of our three part Fee Transparency series, there are three pieces of DOL guidance that Plan Sponsors should have on their list of “to dos”. Two are in the form of proposed guidance with the third in final […]
Fee Transparency, Form 5500, Schedule CSeptember, 2008 Fee Transparency Part 2 – Reasonable Contract or Arrangement Under Section 408(b) (2)—Fee Disclosure As noted in Part 1 of our three part Fee Transparency series, there are three pieces of DOL guidance that Plan Sponsors should have on their list of “to dos”. Two are in the form of proposed guidance with […]
408b2, Fee Transparency, reasonable contractAugust, 2008 Fee Transparency Part 1 – Disclosures to Plan Participants There are three pieces of DOL guidance that Plan Sponsors should have on their list of “to dos”. Two are in the form of proposed guidance with the third in final form. Why should you have this on your “to do” list? Because they […]
408b2, Fee Transparency, Participant disclosures(c) 2015 Erisa Diagnostics - We focus on benefits, so you can focus on business