Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
ERIC Comment Letter to DOL on Proposed Fee Disclosure Guides (PDF)
The ERISA Industry Committee [ERIC] [Opinion] June 10, 2014
"[T]he guide requirement contained in the Proposed Amendment should not apply with respect to very large plans as it would generate additional costs to plans, participants, and service providers without a corresponding benefit to participants.... [G]enerating a guide would require service providers to create new systems, even if they only service very large plans that would not benefit from the guide.... DOL should only exclude very large plans with 5,000 or more participants or at least $100 million in assets from the guide requirement."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |