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

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Conducted on Wednesday, October 26, 2011

Recorded event now available

or call 1-800-926-7926

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.


Effective next year under a new EBSA rule, advisors will need to help many defined contribution plan administrators disclose to participants in self-directed 401(k), 403(b) and other defined contribution plans extensive new fee, expense and other information relating to investment options.

Going forward, a prospectus will be insufficient to disclose such data under self-directed plans. Participants must get up-front, concise information about plan characteristics, investment alternatives, service charges and investment fees; plus an annual disclosure and quarterly fee statements.

Plus, such information often must be presented in a chart or other easily grasped, uniform format for participants. Plan administrators, advisors and vendors should start preparing now for this significant expansion of disclosure requirements and renewed Labor Department emphasis on transparency.

Listen as our panel of experienced advisors drills down into the new EBSA rule and helps you navigate the reporting issues that await.



  1. Background on fee and expense disclosure issue
    1. Use of prospectuses
    2. Factors leading to EBSA rule proposal
  2. Terms of final EBSA rule
    1. Effective date
    2. Initial disclosure to participants when they self-direct investments
    3. Annual disclosure
      1. General plan info about structure and mechanics
      2. General administrative expense info
      3. Individual expenses deductible from account
      4. Performance data
      5. Benchmarking comparisons
    4. Quarterly disclosure
      1. Dollar amounts of plan-related fees and expenses charged to or deducted from individual accounts
      2. Description of services for which charge or deduction made
    5. Presentation in chart or similar format
  3. 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.


Stanley Baum
Stanley Baum

Lerner Law Firm & Associates

He specializes in complex ERISA, employee benefits, executive compensation and employment law matters. He is a frequent...  |  Read More

Pointer, Kelly
Kelly Pointer

Seyfarth Shaw

Ms. Pointer is assigned to the firm's Employee Benefits & Executive Compensation Department. She works...  |  Read More

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