401(k) Fee Disclosure Rules: Demystifying Trends, Developments, and Best Practices
Overview:
The Department of Labor Regulations on disclosure of 401(k) plan fees and expenses are designed to provide transparency to participants in a user-friendly format, allowing for an apples-to-apples comparison of fees and expenses under a plan’s investment options that impact participant account balances, and a look under the hood on plan administration costs charged to participant accounts. But greater disclosure can lead to greater scrutiny, and an essential duty for plan sponsors is monitoring fees and expenses that could reduce participant account balances, and timely addressing excesses.
In this LIVE webcast for the Knowledge Group, Troutman Pepper employee benefits experts Paul Porretta and Mamta Shah will outline the 401(k) plan fee and expense disclosure requirements, and explain the best practices for plan sponsors in navigating this legal minefield.
Key topics will include:
- 401(k) Fees & Expenses Plans Are Required to Disclose;
- Avoiding Problems – Effective Investment Communications to Participants;
- The Importance of an Up-to-Date Investment Policy Statement;
- Monitoring Your 401(k) Investment Options, Recordkeeper, and Fees; and
- Should You Engage an Investment Advisor or Investment Manager for Your Plan?
Agenda:
Troutman Pepper Hamilton Sanders LLP
Troutman Pepper Hamilton Sanders LLP
- 401(k) Fees & Expenses Plans are Required to Disclose
- Avoiding Problems – Effective Investment Communications to Participants
- The Importance of an Up-to-Date Investment Policy Statement
- Monitoring Your 401(k) Investment Options, Recordkeeper, and Fees
- Should You Engage an Investment Advisor or Investment Manager for Your Plan?
Who Should Attend:
- Retirement Plan Sponsors, Fiduciaries, and Participants
- Retirement Plan Practicing Lawyers
- Employee Benefits & Compensation Lawyers and Consultants
- Human Resource & Benefits Personnel
- Retirement Plan Financial Professionals
- Financial Advisers
Mamta has experience advising public and privately-held companies on all aspects of employee benefits law, including the implementation, design and …
Paul L. Porretta is a partner in Troutman Pepper Hamilton Sanders LLP’s Employee Benefits and Executive Compensation practice group, resident …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE); Group-Internet Based
Prerequisite:
General knowledge of employee retirement plans
Course Code:
148938
NY Category of CLE Credit:
Areas of Professional Practice
NASBA Field of Study:
Specialized Knowledge – Technical
Total Credit:
1.0 CLE
1.0 CPE (Not eligible for QAS (On-demand) CPE credits)
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SPEAKERS' FIRM:
About Troutman Pepper Hamilton Sanders LLP
Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,100 attorneys in 23 U.S. cities, the firm partners with clients across every industry sector to help them achieve their business goals. Read more about the firm’s litigation, transactional, and regulatory practices at troutman.com.
Website: https://www.pepperlaw.com/