Disclosure Regulations: Transparency for Retirement Plans

The Department of Labor (DOL) has issued three key regulations to enhance fee and investment transparency for qualified retirement plans. These regulations—Form 5500 Schedule C disclosures, ERISA Section 408(b)(2) service provider disclosures, and ERISA Section 404(a)(5) participant-level disclosures—introduce specific responsibilities for Plan Sponsors, Administrators, and Trustees.

As a Plan Fiduciary, you are required to obtain detailed disclosure information from all service providers receiving compensation from the plan, including investment providers, advisors, and recordkeepers. In many cases, this information must also be shared with plan participants to help them make informed decisions.

Below, you’ll find helpful resources—including articles and presentations—to support your understanding and compliance with these fee disclosure requirements.

How Ekon Can Help

If you have any questions regarding these fee disclosure regulations or how Ekon can support you in meeting compliance requirements, don’t hesitate to reach out.