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Fiduciary Alert: New ERISA Group Health Plan Service Provider Fee Disclosures Require Plan Sponsor Attention
Krieg DeVault Link to more items from this source
[Guidance Overview]
Jan. 4, 2023

"Once a 408(b)(2) disclosure is received, it is important that fiduciaries review both the services outlined and the fees and commissions disclosed, to make a good faith determination about whether those fees and commissions are reasonable based on services provided.... [P]lan sponsors should confirm receipt of a fee disclosure from each covered service provider."

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