Are your employees getting their fair share?
In 2012, the DOL issued new disclosure regulations requiring service providers to disclose the services provided and fees charged to retirement plans. Recently, the DOL has commented that the new regulations have not produced the desired effect, that plan sponsors review the disclosures and act to ensure that any fees assessed to participant accounts are reasonable for the services provided. In reality, many employers did not fully understand the disclosures and simply filed them without any further action.
If you are an executive or committee member with fiduciary responsibility for your company’s retirement plan, this presentation provides timely information on what you need to do. Over a sizzling lunch, learn what steps plan sponsors can take to ensure their retirement plan fees are reasonable and protect themselves from operational plan pitfalls that could hold plan fiduciaries personally liable. Mark Sulpizio, Accredited Investment Fiduciary® and founding partner of Innovative Benefit Planning/Innovative Investment Fiduciaries, will discuss how to better understand the fee disclosures provided and address what fiduciary best practices employers need to implement now to protect the plan as well as themselves as fiduciaries.
To register for this event, click here.
