Participant fee disclosures

[Guest Jennyb473]

My boss is wondering how other TPAs are handling the Participant Fee Disclosures.

Is the TPA providing the Plan Sponsor with any information regarding the disclosure requirements and letting them know it is the PA responsibility to comply or is the TPA gathering the data and preparing the disclosures without PA assistance?

What about the fund data, is TPA taking the responsibility on gathering and benchmarking, etc or are they getting that data from the Investment Advisor?

We had a conference call with Sungard yesterday (we are currently using Relius) and their new Wealth Station module seems like it will provide a lot of the data we need and in a usable fashion but we want to be sure we need the module before spending the money on it if the advisor should be giving this information to the plan administrator and not us.

Thanks!