Human Resources News & Insights

Using 401(k) fee statements as a ‘teaching moment’

No question, a lot of HR and benefits pros can’t wait to distribute 401(k) fee disclosure statements to workers – and be done with the whole mess. But taking a “send it and forget it” approach to this compliance challenge is a big mistake.

DOL’s last-minute changes to fee disclosure rules

By now you should’ve received fee disclosures from your retirement plan providers (they were due to plan sponsors by July 1). But if you didn’t, or you don’t like what you’ve seen, here’s what you’re required to do.

Not enough time to comply with 401(k) disclosure regs, organizations say

The DOL has given retirement plan sponsors until April 30, 2012 to comply with its new fee disclosure regs. But some say that’s not enough time.

New Regs To Prep For: 5 Changes Coming In 2012

The new year is just around the corner, and that means a slew of new regulations are about to take effect. Here is what’s on tap for 2012.

New retirement plan regs: What you’ve got to do in 2011

Your retirement plan just got a new to-do list, courtesy of the Department of Labor (DOL). Here’s a plain-English breakdown.

Plan sponsors react to feds’ enforcement efforts

With the DOL and IRS breathing down their necks in the form of increased audit and regulation enforcement efforts, 60% of defined-contribution (DC) plan sponsors are taking action in response.

A new threat: Excessive plan fees cost companies $31.6M

Two recent lawsuits have opened up a big can of worms for benefits pros.

Big changes coming to retirement plan fee disclosure rules

Soon employers will know exactly what their retirement plan service providers are charging, according to the feds.