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DOL Issues Reprieve on New 5500 Forms (PDF)
Pensions & Investments via MJM401k 
July 22, 2008 2 pages. Excerpt: Defined contribution plans and service providers won welcome relief from the Department of Labor on new fee and compensation reporting requirements. The reporting rules apply to annual 5500 forms for plan years that begin on or after Jan. 1, 2009. While the rules affect both defined contribution and defined benefit plans, the most controversial provisions concern new fee and compensation requirements that primarily affect DC plans. The DOL has been trying to stave off fee-disclosure legislation sought by Rep. George Miller (D-Calif.). MORE >> |
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