Labor Department seeks input on 401(k) fees
The Department of Labor is asking for input on how to better deliver information on administrative and investment fees to 401(k) plan participants.
The Department of Labor is asking for input on how to better deliver information on administrative and investment fees to 401(k) plan participants. A recent report released by the General Accountability Office recommends both statutory and regulatory changes to improve disclosure of fees and expenses to plan fiduciaries and participants. For better details and information on submitting comment by July 24, visit www.dol.gov/ebsa/regs/fedreg/proposed/2007007884.htm
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