On March 29, 2011, Bob Stevenson and Andrew Stumpff presented a well-received webinar on “New Disclosure Requirements for Participant-Directed Plans.” The topics included the following:

• new DOL regulations requiring disclosure of fees and other information to participants,
• changes to ERISA section 404(a) and 404(c) requirements relative to fiduciary duties and protections,
• fee information service providers must give to plans, and
• proposed DOL regulations on target-date funds (and practical proactive steps in advance of final regulations.)

The presentation also examined 401(k) history and the current landscape more broadly, and touched on the following:

• Should participant-level fiduciary advice be dropped if indemnification can’t be obtained?
• Why plan-level fiduciary advisers’ contracts should be updated now.
• Why investment transitions should be done by re-elections and not mapping.
• How to coordinate plan provisions with TPA operations to avoid expensive errors.
• Satisfying DOL document delivery rules—when electronic is not good enough.
• Should revenue sharing and bundling continue in your plan, or is it time for transparent fee-for-service?

The slides are available here. The recording is available via replay for 90 days.

Replay Dial-In-Access: 888-496-6260 or 480-629-9053.

Participant Code: 11544869

Confirmation Number: 92561

Please contact Bob Stevenson or Andrew Stumpff with any questions.