June 28, 2012 (PLANSPONSOR.com) - Broadridge Financial Solutions is offering a turnkey solution to help its clients meet the U.S. Department of Labor's (DOL) 408(b)(2) fee disclosure reporting requirements.
The solution comes to market through a strategic alliance between Broadridge and Castle Rock Innovations LLC.
The offering is designed to service all retirement plan types through a single web-based platform and data repository. The solution is customizable to meet specific client needs and can interface with any system supporting retirement plan data feeds.
The data interface provides reporting capabilities on all the underlying data that broker/dealers and third-party administrators (TPAs) use and offers additional benchmarking capabilities. The solution can be implemented seamlessly, helping alleviate the technology burden, cost and integration issues associated with complying with the new regulations.
More information about Broadridge is at http://www.broadridge.com, and information about Castle Rock is at http://www.castlellc.com.