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The new SPD rules require plans to include a summary of fees on a participant's individual account the payment of which is a condition to the receipt of benefits

I assume this means stuff like loan setup & maintanance fees, hardship withdrawal fees, in-service distribution fees, etc...

We were charging a quarterly recordkeeping fee that is being waived this year by our provider, I assume this is not included in the SPD nor investment related fees, correct?

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