Recent Retirement Plan Fee Disclosures Now Required

The first disclosures by fiduciaries, registered investment advisers and certain other service providers to retirement plans under section 408(b)(2) of ERISA (the “408(b)(2) Disclosures”) are due on July 1, 2012. The 408(b)(2) Disclosures apply to service providers (including investment advisers) to retirement plans subject to the fiduciary provisions of ERISA, which include most 401(k) plans and pension plans, and generally require disclosures regarding services provided to, and fees payable by, retirement plans. Service providers who do not comply with the 408(b)(2) Disclosures may be subject to penalties by the Department of Labor. For more information, see the DOL’s fact sheet on the 408(b)(2) Disclosures, available here.

Latest Thinking

View more Insights
Insights Center
close
Loading...
Knowledge assets are defined in the study as confidential information critical to the development, performance and marketing of a company’s core business, other than personal information that would trigger notice requirements under law. For example,
The new study shows dramatic increases in threats and awareness of threats to these “crown jewels,” as well as dramatic improvements in addressing those threats by the highest performing organizations. Awareness of the risk to knowledge assets increased as more respondents acknowledged that their