New ERISA Fee Disclosure
On October 14, 2010, the Department of Labor issued its long awaited regulation under 404(a) of the ERISA Code that will require the plan administrator (which is you) to provide participants specific information about the plan's investment options, certain plan features and full discloser about plan-related expenses. Simply put, the plan participants are going to be privied to sensitive plan information that as a plan sponsor better be prepared to address.