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DOL's Interim Final Rule Requires Detailed Fee Disclosure
ERISAdiagnostics, Inc. via Thompson Pension Plan Fix-It Handbook [Guidance Overview] Dec. 21, 2010
Excerpt: Plan fiduciaries will be able to obtain the information necessary to make informed decisions regarding services rendered to and expenses paid from the plan. That's the goal of the interim final rule relating to fee disclosure that the Department of Labor's (DOL) Employee Benefits Security Administration (EBSA) issued on July 16. The regulations -- Reasonable Contract or Arrangement Under Section 408(b)(2) -- Fee Disclosure -- are effective July 16, 2011.
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