DOL Retirement Plan Fee and Expense Disclosure Compliance
Navigating New Rules for Service Providers and Plan Sponsors
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide benefits counsel with an analysis of the DOL’s new fee and expense disclosure regulations for providers and disclosures to plan participants, provide best practices for compliance, and outline the obligations for both plan service providers and sponsors.
- Section 408(b)(2) fee disclosures from service providers to plan sponsors
- Section 404(a)(5) disclosures by plan sponsors to participants
- Compliance challenges and best practices
The panel will review these and other key questions:
- What additional requirements or clarifications do the final Section 408(b)(2) regulations provide in contrast to the interim regulations?
- What are the consequences for service providers that fail to comply with the new regulations?
- What relief is available to a plan sponsor for a compliance failure of its service provider?
- How have the service provider disclosure rules and the participant-level disclosure rules been coordinated to facilitate compliance?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Michael B. Richman
Morgan Lewis & Bockius
He practices in employee benefits and the investment management and securities areas. He principally focuses on... | Read More
He practices in employee benefits and the investment management and securities areas. He principally focuses on matters under ERISA fiduciary responsibility rules, including fiduciary governance of ERISA plans, prohibited transaction issues in proposed transactions and those under government investigation, and preparing requests to DOL for prohibited transaction exemptions and advisory opinions.Close
Daniel R. Kleinman
His practice focuses on ERISA fiduciary responsibilities and related tax, corporate and securities laws in connection... | Read More
His practice focuses on ERISA fiduciary responsibilities and related tax, corporate and securities laws in connection with structuring and marketing investment products, including private equity and hedge funds, and financial services to employee benefit plans. He handles issues with respect to the regulation of broker-dealers and investment advisers under federal and state securities laws.Close