12/27/2001: DOL Says 2001 Form 5500 Will Allow Brokerage Window Assets to Be Reported on Single Line (U.S. Department of Labor, Pension and Welfare Benefits Administration)December 12, 2001 information letter to attorney Stephen M. Saxon. Excerpt: "This is in response to your request on behalf of Charles Schwab & Co., Inc. (Schwab), regarding the annual reporting requirements of [ERISA] ... You expressed concern that the administrative burdens and costs associated with the Form 5500 annual reporting requirements will deter plan sponsors from offering brokerage accounts as an option under their plans."
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