Council urges ‘useful’ 401(k) disclosure
The American Benefits Council supports fee disclosures related to 401(k) plans—as long as it's pertinent.
The American Benefits Council told the U.S. Department of Labor that it supports fee disclosures related to 401(k) plans, but urged the department to ensure that the disclosures provide useful information.
In April, The DOL had sent out a request for information recently regarding retirement plan
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