Year-End Compliance Testing Overview

December 1, 2012    2323    2323   

The end of the year is the time to prepare for annual testing and reporting. Complete employee data must be collected in order to accurately perform the required year-end administrative functions and testing to keep the plan in compliance.

Fiduciary Fact or Fiction

June 1, 2012    2252    2252   

Articles that attempt to simplify the complex regulatory framework that applies to plan fiduciaries are written on a regular basis. Marketing materials can make it challenging to understand where "suggested" ends and "obligatory" begins.

The Final Fee Disclosure Regulations Have Arrived

April 1, 2012    1927    1927   

The service provider fee disclosure rules are effective on July 1, 2012. In addition, since the participant-level fee disclosure rules are so closely linked, their effective date has also been pushed back to July 1st.

Participant Fee Disclosure Requirements for Individual Account Plans

November 1, 2011    2048    2048   

Plan sponsors of individual account plans are encouraged to understand and plan ahead for the new reporting and disclosure requirements. Timely reporting and disclosure is necessary to satisfy fiduciary duties under ERISA.