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Category Archives: Vendor Updates
Looking Behind the Curtain of Vendor Benchmarking
There seems to be a lot of talk in the industry about benchmarking retirement plans. This may be attributable to the new disclosure requirements under 408(b)(2), or the recent wave of retirement plan litigation related to fees. Whatever the reason, … Read full article »
Webinar Q&A: Monitoring your Vendor
After our recent Educational Series webinar on Monitoring your Vendor, Chris Thixton, Director, Vendor Services, responded to questions. See what he had to say below. Additionally, if you missed the live webinar, you can watch the recorded webinar here. Question: Chris, … Read full article »
Tagged retirement plan vendor
I have my 408(b)(2) fee disclosure . . . Now What?
It has been a few years since the Department of Labor introduced §2550.408b-2, the regulation requiring retirement plan vendor(s) provide plan fiduciaries with fee disclosures. This regulation stated that by July 1, 2012, plan fiduciaries should have received these fee … Read full article »
Tagged 408(b)(2), Fee Disclosure
New Fee Regulations Still Leave a Hole in Evaluating Reasonableness
If you work with retirement plans, I assume you’ve read about the new fee disclosure regulations that become effective later this year. How many articles have you seen summarizing the regulation? There have been more than a handful, I’m sure. … Read full article »
DOL Issues Final Fee Disclosure Rule: What plan sponsors should do now to prepare for compliance.
In this follow-up of our recent blog post, “ERISA Update: Department of Labor Issues Final Fee Disclosure Rule: Important Information for Plan Sponsors,” we’ll help plan sponsors determine what they should be doing now to prepare for compliance. The plan … Read full article »
Tagged ERISA, ERISA Compliance, fee disclosure rules
ERISA Update: Department Of Labor Issues Final Fee Disclosure Rule: Important Information For Plan Sponsors
The U.S. Department of Labor’s Employee Benefits Security Administration issued a final rule that will provide employers sponsoring both defined benefit and defined contribution plans with information about the administrative and investment costs associated with providing such plans to their … Read full article »
Tagged ERISA, final fee disclosure rule
