404a5 Notice - Fee Infor

[52626]

Does the notice need to be specific regarding the fees charged by the different vendors?

For example if the RIA is paid 0.10% does the notice have to state this amount. The TPA is paid from the plan the actual amount will vary depending on the participant count. A specific amount is not known.

Is it sufficient if the notice includes a general statement that the plan incurs expenses for general administration such as legal, accounting or recordkeeping services . Fees charged are reflected on the quarterly statement

thanks

[401_noob]

See Q-A 5 of FAB 2012-12R

http://www.dol.gov/ebsa/regs/fab2012-2R.html