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Preparing to Disclose Fees to Defined Contribution Plan Participants who Self-Direct Investments in their Accounts
Segal Advisors
[Guidance Overview] Nov. 26, 2008
Excerpt: Sponsors of private sector defined contribution (DC) plans that offer participant-directed investments, including Sections 401(k) and 403(b) plans, should begin to prepare for the additional transparency that will be required when the proposed regulation on participant fee disclosures that the Department of Labor (DOL) issued this past summer is made final. In addition, the DOL has issued a proposed regulation on disclosure of information to plan sponsors.
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