Mastering the New EBSA Rules on Covered Plan Fee and Expense Reporting
Ensuring That 401(k) and 403(b) Plans Make Complete and Timely Disclosures
Recording of a 110-minute CPE/CLE webinar with Q&A
This teleconference will provide accounting advisors with a review and analysis of the new EBSA rule on disclosure of fee and expense information to self-directed retirement plan participants—and the anticipated demands on plans and advisors.
- Background on fee and expense disclosure issue
- Use of prospectuses
- Factors leading to EBSA rule proposal
- Terms of final EBSA rule
- Effective date
- Initial disclosure to participants when they self-direct investments
- Annual disclosure
- General plan info about structure and mechanics
- General administrative expense info
- Individual expenses deductible from account
- Performance data
- Benchmarking comparisons
- Quarterly disclosure
- Dollar amounts of plan-related fees and expenses charged to or deducted from individual accounts
- Description of services for which charge or deduction made
- Presentation in chart or similar format
- Steps to prepare now for new disclosure requirements
The panel will analyze these and other critical topics:
- Including the correct general administrative and individual participant fee and expense information in initial, annual and quarterly reports with self-directed plans.
- Providing a description of services for which charges and deductions are made to investments and plan accounts.
- Presenting appropriate benchmarking and fee charts.
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Lerner Law Firm & Associates
He specializes in complex ERISA, employee benefits, executive compensation and employment law matters. He is a frequent... | Read More
He specializes in complex ERISA, employee benefits, executive compensation and employment law matters. He is a frequent writer and speaker for professional publications and associations and the author of an ERISA law blog.Close
Ms. Pointer is assigned to the firm's Employee Benefits & Executive Compensation Department. She works... | Read More
Ms. Pointer is assigned to the firm's Employee Benefits & Executive Compensation Department. She works with clients on drafting tax-qualified retirement programs and welfare benefit plans, analyzing tax and labor issues, and ERISA reporting and disclosure, among other topics.Close