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DOL Proposes Major Overhaul to Form 5500 Reporting
Society for Human Resource Management [SHRM] Link to more items from this source
[Guidance Overview]
July 26, 2016

"The proposed revisions will improve data mining by including searchable data fields ... Easier access to data from these forms, however, means there will be more scrutiny moving forward. More minable data means that government agencies and plaintiffs' lawyers will be looking at this information. The agencies are also asking for more specific information about service provider fees, which have been the subject of government scrutiny and litigation[.]"

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