404(a)(5) for SDBAs

[Gadgetfreak]

We are a TPA for many Plans that have only Self-Directed Brokerage Accounts (SDBA). Almost all are places with one advisor and is like a "retail" account. Q&A 39, which was just added, now says that these investments are not DIAs and therefore do not require the fund expense information in the annual notice. HOWEVER, there is still some other information that must be included (like website, 800 number, etc for making trades, info about SDBAs and other things). Does anyone have a template of what these 404a5 Annual Participant Notices should look like for SDBA-only Plans?

[Bird]

Our document provider (Fort William) has a notice in their document package. I'm not comfortable sharing their language here, but the point is that you might be surprised to find this available...somewhere, in something that you're paying for already. If you haven't looked already - not trying to be offensive or anything here!

[Gadgetfreak]

We use FTW! I didn't even know. I can't find it but I will just e-mail their support. Thanks for the heads-up.

[Bird]

They are so good with their support that you probably got it already, but it's under Documents, then to the lower right. You might want to tidy up some answers in the document, and might also want to make some changes after it is generated, but at least it's a starting point.

(I changed the first paragraph from referring to the specific year to "...provisions...that are in effect and will remain in effect until further notice.)

[Gadgetfreak]

Agree about their support. They are one of my favorite companies to work with. But I didn't even need them. I figured out I needed one of the questions answered differently for it to show up. In any event, I am not so impressed with their template and was looking for something more robust. I just purchased the $500 package from http://www.pensionpodcasts.info/. I will let you know how it is when I get it (hopefully today).