Employee Benefits Security Administration March 19, 2015 – Federal Register Recent Federal Regulation Documents

Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans-Timing of Annual Disclosure
Document Number: 2015-06211
Type: Rule
Date: 2015-03-19
Agency: Employee Benefits Security Administration, Department of Labor
This direct final rule amends the Department of Labor's ``participant-level fee disclosure'' regulation. The amendment makes a technical adjustment to a timing requirement in the current regulation. As amended, the regulation provides plan administrators with flexibility as to when they must furnish annual disclosures to participants and beneficiaries.
Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans-Timing of Annual Disclosure
Document Number: 2015-06210
Type: Proposed Rule
Date: 2015-03-19
Agency: Employee Benefits Security Administration, Department of Labor
This document proposes to amend the Department of Labor's ``participant-level fee disclosure'' regulation by making a technical adjustment to an annual timing requirement. In the ``Rules and Regulations'' section of this issue of the Federal Register, we are making this same amendment as a direct final rule. If we receive no significant adverse comment, the direct final rule will go into effect and we will not take further action on this proposed rule. If, however, we receive significant adverse comment, we will withdraw the direct final rule and it will not take effect. In that case, we will address all public comments in a subsequent final rule based on this proposed rule. We will not institute a second comment period on this rule. Any parties interested in commenting must do so during this comment period.