Practitioners advising employers sponsoring participant-directed defined contribution plans must be familiar with the extensive changes made to the DOL's fee disclosure regulations under ERISA Section 404(a) since they were originally issued in 2012. These changes include a March 2015 amendment that provides plan administrators with a much needed two-month grace period to provide the annual fee disclosure notice to plan participants and beneficiaries.

Get up to speed on these fee disclosure requirements with our Practice Note, Disclosure Requirements for Participant-Directed Defined Contribution Plans, which we substantially updated with Carol I. Buckmann of Osler, Hoskin & Harcourt LLP.