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2013 JCEB Q&As Offer Nonbinding DOL Responses on Prohibited Transactions and Service Provider Required Disclosure Rules
Practical Law Company Link to more items from this source
Oct. 31, 2013

"Although the DOL representatives did not provide answers for several of the questions presented (including a question addressing summary of benefit and coverage penalties and multiemployer plans), those questions for which the agency did provide its informal views may be instructive for plan administrators and their advisors. In particular, given the potentially significant errors for filing incomplete or inaccurate Form 5500s, in addition to other consequences, the representatives' response to the question on service provider disclosures should be of particular interest to plan fiduciaries."

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