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401(k) Participants May See Plain-English Summary Prospectus Under New SEC Rule
Mercer 
Feb. 11, 2009
Excerpt: Mutual funds may give investors a plain-English summary prospectus, rather than a full prospectus, under a final SEC rule effective March 31, 2009. The rule ultimately may change the form and content of fund information passed through to participants in many 401(k), 403(b) and 457 plans. Once summary prospectuses become available, plan sponsors will need to re-evaluate 'pass-through' disclosure obligations under ERISA.
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