DOL Issues FAQs on Participant-Level and Service Provider Disclosure Rules
The Department of Labor's Employee Benefits Security Administration on May 7 issued a series of frequently asked questions (“FAQs”) that provide follow-up guidance to the Department’s final regulations on participant-level fee disclosure rules. These rules under section 404 of ERISA were released in October 2010. The FAQs also provide guidance related to the final disclosure rules related to service provider disclosure to employers under section 408(b)(2).… More
