Proposed Fee Disclosure Regs from the DOL
According to SunGard Relius, "the Department of Labor has proposed a regulation requiring new information disclosure in participant-directed plans...effective for plan years beginning after 2008...The regulations would apply to all individual account plans subject to ERISA which provide for participant-direction of investment. This includes most 401(k) and 403(b) plans subject to ERISA, whether or not the plan seeks fiduciary protection under ERISA 404(c)."