A New Year for 401(k) Plan Liability
Jeffrey D. Zimon
You will Learn:
- What to do with your disclosures regarding your 401(k) plan
- Exactly what revenue-sharing is and how fees and costs are charged against our plan.
- What the Department of Labor expects from us so we donít get into trouble.
- What your fiduciary responsibilities are to your plan regarding fees, costs, and expenses.
This 10-minute segment is taken from our on-demand webinar titled ďA New Year for 401(k) Plan Liability - Plan Sponsor and Participant Disclosures under 408(b)(2) and 404(a)5.Ē It provides a primer focused specifically on the new United States Department of Labor reasonable contract or arrangement regulations. We will provide slice outlines of the rules, what you need to be focused on and specific practical solutions. Fiduciaries are under pressure right now from the participants from the government. This is a great way to get ahead of the game early on with a concise and focused understanding of your responsibilities to the plan and its participants under these new rules.
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