05/25/2012
Discussion of Participant Fee Disclosure FAQs in Department of Labor Field Assistance Bulletin 2012-02
To a large extent, the Department of Labor’s 38 Q&As on the pending participant fee disclosures, contained in Field Assistance Bulletin (FAB) 2012-02, provide exactly what the retirement community is seeking – clarification and explanation of the new rules for participant fee disclosures that must be provided by August 30. However, the now-notorious FAQ-30 appears to require new disclosures not to be found in the final rule.
Read the full discussion.
The Plan Sponsor Council of America (PSCA) is a nonprofit association that provides services, best practice information, and advocacy to defined contribution plan sponsors. Members have access to a broad range of resources and programs that address the varying needs of both small and large companies. Membership includes 1,200 companies ranging in size from Fortune 100 firms to small, entrepreneurial businesses. 
