Articles for: Disclosure
How does ERISA §404(a)(5) interact with ERISA §404(c)?
The regulations moved all of the disclosure requirements under 404(c) to the new disclosure requirements under 404(a) and modified some of the disclosures. The only two disclosure requirements left under [...]
Key words: 404a5 regs,404c,Disclosure
When must disclosure be made under ERISA §408(b)(2) regulations?
For new agreements, the disclosures must be made before the plan fiduciary agrees to hire the service provider and it must to given enough in advance to permit the fiduciary [...]
Key words: 408(b)(2),Disclosure,ERISA
To whom is disclosure made under the final ERISA §408(b)(2) regulations?
The disclosure is made to the “responsible plan fiduciary,” defined in the regulations as a fiduciary with authority to cause the covered plan to enter into, or extend or renew, [...]
Key words: 408(b)(2),Disclosure,ERISA
SEC Issues “No Action Letter” for Participant Disclosures
The participant disclosure regulations (ERISA Section 404(a)) come into effect in 2012 and require that both annual and quarterly disclosures be provided to participants and their beneficiaries. As a part [...]
Key words: Disclosure,ERISA
Department of Labor Finalizes Participant Disclosure Regulations
Employers and plan administrators with calendar year plans that permit participant-directed investments have less than one year to prepare for the Department of Labor (“DOL”) final participant fee disclosure regulations. [...]
Key words: 401k,403b,Disclosure,ERISA