Required Fee Discosures
ERISA Section 408(b)(2) Plan Sponsor/Service Provider
- Initial disclosure: Required within a reasonable period before the contract is entered into or renewed.
- Annual disclosure: Required following changes in investment information.
- Additional disclosures: Required no later than 60 days after the effective date of the change, for changes in compensation or services provided.
ERISA Section 404(a)(5) Participant
- Initial disclosure: Required on or before the date when participants can first direct investments.
- Annual disclosure: Required to be updated and distributed at least annually.
- Additional disclosures: Required at least 30 days, but no more than 90 days, prior to certain plan changes.
