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DOL's Proposal Regarding Participant Fee Disclosures
planadviser [Opinion] July 28, 2008
Excerpt: [T]he proposal itself seems relatively straightforward: It purports to require disclosure of certain plan- and investment-related information (including fees and expenses, of course) to participant-directed account participants. It identifies three categories of annual disclosures (to be furnished on or before their eligibility date, and at least annually thereafter), and further requires a quarterly disclosure of specific dollar amounts charged to the participant's account for specified administrative expenses.
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