disclosure in spd of fees charged directly to participants

[k man]

is everyone disclosing all the fees participants pay in the spd as a result of the dol guidance that came out last year?

[mbozek]

What dol guidance are you referring to?

[k man]

Field Assistance Bulletin 2003-3.

[Bird]

Prior to the guidance, the only fees we would charge a participant directly were for loans, and that was in the SPD. As we start to charge for other fees we will prepare SMMs or new SPDs.