Client alert
Labor and Employment Alert: New Annual Disclosure Requirements for Participant Directed, Defined Contribution Plans
Effective for the first plan year beginning on or after November 1, 2011 (January 1, 2012 for calendar year plans), all retirement plans with participant-directed investments will have increased disclosure obligations, according to a new regulation issued last week by the U.S. Department of Labor (DOL).
Click on the link below to download the Labor and Employment Alert which discusses this new regulation.