"The participant disclosure requirements for brokerage accounts should not be overlooked by plan sponsors and committees. Though the requirements are less for designated investment alternatives, there are specific items that must be disclosed -- initially and annually. It may be easy to assume that a plan's providers will automatically make the disclosures. However, the Participant Disclosure Regulation places the legal burden squarely on the shoulders of the fiduciaries -- the plan sponsor and the committee members[.]"  MORE >>