Jump to content

Failure of Plan Sponsor to Disclose Service Provider Fees


Recommended Posts

Posted

What is the penality for the failure of a Plan Sponsor to provide Participants with the annual notice of service provider fees?

Posted
What is the penality for the failure of a Plan Sponsor to provide Participants with the annual notice of service provider fees?

Right now there is no monetary penalty from the DOL or IRS.

But a partcipant could sue the employer for failure to provide the notice.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use