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GAO Report on 401(k) Plans: Reported Impacts of Fee Disclosure Regs, and DOL Efforts to Support Implementation of Regs
U.S. Government Accountability Office [GAO] 
Oct. 28, 2024 "One DOL regulation requires service providers to share information about the fees they receive for providing plan-related services.... A second DOL regulation requires plan administrators ... to provide plan and investment fee information to participants and beneficiaries ... This report addresses: [1] literature and selected stakeholder groups' views on how fee disclosure regulations affected 401(k) fees and investments; [2] selected stakeholder groups' views on the benefits and challenges plan sponsors and service providers experienced as a result of the fee disclosure regulations; and [3] how DOL assisted plan sponsors and service providers with following the disclosure regulations." [GAO-24-107125 Pub. Sep. 27, 2024; Rel. Oct. 28, 2024] MORE >> |
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