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Disclosure of Fees Charged by Plan Service-Providers: Some Practical Implications
ERISAdiagnostics, Inc.
[Guidance Overview] Sept. 24, 2008
Excerpt: In this ErisaALERT we will discuss [information which must be provided by the service provider to a responsible plan fiduciary especially where fees will be paid from plan assets] referred to as the Reasonable Contract or Arrangement Under Section 408(b)(2) -- Fee Disclosure guidance and its impact on Plan Sponsors. This guidance touches on some very important basics of fiduciary responsibility.
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