Products July 20, 2011

MetLife Offers Paper on Participant Fee Disclosure Rules

July 20, 2011 (PLANSPONSOR.com) - MetLife Resources has prepared a paper to help plan administrators understand their new obligations regarding the communication of investment-related performance and fee information to Employee Retirement Income Security Act (ERISA) plan participants.
Reported by

In the guide, entitled Final Regulation on Participant-Level Fee Disclosures, plan fiduciaries can find information regarding:  

  • Fee Disclosure Requirements, 
  • Timing and Frequency of Communications, 
  • Fiduciary Breaches, and 
  • Tips for Getting Ready.

     

“MetLife is committed to delivering timely educational programs and resources to help our clients understand what can sometimes be complicated information,” said Thomas G. Hogan Jr., Senior Vice President, MetLife, in a press release.  

To download a copy of the report, go to http://www.metlife.com/mlr.

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