Blogs - Practical Benefits Lawyer

DOL Issues Revised Guidance Regarding Use of Electronic Media to Satisfy Participant-Level Fee Disclosure Requirements

December 23, 2011
The Department of Labor (DOL) released Technical Release 2011-03R, which restates and clarifies the scope of previously issued Technical Release 2011-03. Technical Release 2011-03 provided guidance in the form of an interim enforcement policy regarding the use of electronic media to satisfy the fee disclosure requirements for participant-directed individual account plans with respect to disclosure of certain fee information required for participant directed investment plans and disclosures through continuous access websites for such information. Technical Release 2011-03R is available here.
Media Contacts