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The Age of Reasonableness -- 'The Future Ain't What It Used to Be' for Plan Fiduciaries (PDF)

Flautt, Hare, Davis

Oct. 8, 2012

"After the distraction of formatting and distributing the 404(a)(5) disclosures to employees, it is now time to turn our attention back to the required evaluation of reasonableness of services and fees. In the final regulations alone, the Department of Labor used the word 'reasonable' 41 times specifically referring to fees, compensation, contracts and arrangements. But what is 'reasonable'?"

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