August 14, 2012
--- Plan
sponsors are preparing for the first participant fee disclosures to be issued
by August 30. ---
To help with this effort, and with fee disclosures ongoing,
ERISAdiagnostics Inc. created a §404(a)(5) Participant Disclosure
Checklist.
The checklist outlines all the plan-related and
investment-related information that must be provided to Employee Retirement
Income Security Act (ERISA) defined contribution (DC) plan participants. It
also lists the information that must be included in the comparative
chart.
The checklist includes items required for new participant
disclosures, annual disclosures and disclosures that are required at least
quarterly.
The checklist is here.
PLANADIVSER staff