Friday, March 14, 2014

Proposed Guide to 401(k) Fee Disclosures

The department (Federal Department of Labor) is requesting public comment on a proposed rule that would require pension plan service providers to furnish plan fiduciaries with a guide to assist them in navigating fee disclosure documents. The guide would help employers, especially small and medium-sized businesses, better understand the disclosure documents, particularly those that are lengthy or complicated.

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