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Written Testimony from Labor Department on 401(k) Plan Fees -- Transparency and Disclosure
U.S. Department of Labor [DOL] Link to more items from this source
[Opinion]
Oct. 5, 2007
Excerpt: [T]he Department began a series of regulatory initiatives last year to expand disclosure requirements in three distinct areas: Disclosures by plans to participants to assist in making investment decisions; Disclosures by service providers to plan fiduciaries to assist in assessing the reasonableness of provider compensation and potential conflicts of interest; and More efficient, expanded fee and compensation disclosures to the government and the public through a substantially revised, electronically filed Form 5500 Annual Report.

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