Prominent groups ask feds to extend 401(k) fee disclosure deadline
Two major organizations just sent a request to the DOL and, if they get their way, your company could get some much needed extra time to prepare for the upcoming 401(k) fee disclosure regs.
In a letter to the DOL, the American Society of Pension Professionals and Actuaries (ASPPA) and the Council of Independent 401(k) Recordkeepers (CIKR) asked the agency to push back the effective date for the new regs.
The organizations said they support the DOL’s efforts to improve fee-transparency.
However, because the agency hasn’t released its final rule on fee disclosure yet, complying with the regs in “three short months” doesn’t give organizations enough time to prepare, the groups said.
To read the full letter by the ASPPA and the CIKR, click.
- Share on
Free Training & Resources
White Papers
Provided by Anaplan
White Papers
Provided by Personify Health
Further Reading
It’s that time of year again: Employer health insurance plans are up for renewal. For finance leaders, this period can feel like a lotter...
As employers finalize their 2026 budgets, rising healthcare costs are forcing tougher decisions in financial planning and employee benefits...
In April, Arkansas Governor Sarah Huckabee Sanders signed legislation making it illegal for Pharmacy Benefit Managers (PBMs) to own or oper...
Environmental, social and governance (ESG) ratings of companies was never as popular as many in the media made it out to be. And the more t...
On Aug. 7, 2025, President Trump signed an executive order expanding 401(k) plans’ ability to include alternative investments – such as...
Employees may not understand lifestyle spending accounts (LSAs) as well as you think. That can lead to questions or just confusion. Thi...
