DOL Issues Guidance on the New Retirement Plan Participant Fee Disclosure Regulations

Recently, the Department of Labor issued Field Assistance Bulletin 2012-02 (FAB 2012-02), which provides additional guidance in the form of frequently asked questions (FAQs) on the new retirement plan participant fee disclosure regulations. The initial disclosure of plan and investment- related information under the participant fee disclosure rules must generally be made by August 30, 2012. The first quarterly statement under the new rules must generally be provided to participants by November 14, 2012. Continue reading this entry at Littler's Employee Benefits Counsel.

Photo credit: Kirby Hamilton

Information contained in this publication is intended for informational purposes only and does not constitute legal advice or opinion, nor is it a substitute for the professional judgment of an attorney.