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DOL Proposes Rules for Summary of Fee Disclosures, Aims to Help Smaller and Mid-Size Employers
ERISAdiagnostics, Inc. Link to more items from this source
[Guidance Overview]
Apr. 13, 2014
"A possible approach is for recordkeepers to receive the information from various designated alternative investments and consolidate the information in its own fee disclosure material. Another possibility is that a third party electronic data base may provide the necessary information. The DOL estimates that it will take 7.4 hours to find all the required information! ... The technology costs to develop a guide, consolidate the required information and populate the guide on a plan by plan basis might be quite expensive."

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