"plan fiduciaries will need to promptly ... [1] Create an inventory of existing service providers and vendors to their ERISA covered health plans ... [2] Determine if appropriate fee disclosures have been obtained from such vendors/service providers; [3] If [not], request them from the vendors/service providers; [4] Once obtained, review the fee disclosures and service relationships ... [5] If a vendor/service provider does not respond to requests for fee required disclosures, consider next steps, which could involve terminating the relationship and reporting the vendor to the DOL. [6] Keep a record of fulfilling these fiduciary functions."  MORE >>