Over the past five years, fiduciaries overseeing 401(k) plans have faced an unwelcome barrage of litigation regarding the fees associated with plan investments and administration. Among other things, the plaintiffs'
Expanding Fiduciary Exposure Under ERISA
The same pressure to investigate and disclose fees associated with 401(k) plans is now coming to plan administrators in a different form ' new Department of Labor ("DOL") regulations codified at 29 C.F.R. ' 2550.404a-5.
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