DOL Resources

To help you better understand your fiduciary responsibilities and make sound decisions with regards to your employee retirement plan, we’re pleased to provide these additional Department of Labor (DOL) resources.

Understanding Retirement Plan Fees and Expenses

As the sponsor of a retirement plan, you are helping your employees achieve a secure financial future. Sponsoring a plan, however, also means that you, or someone you appoint, will be responsible for making important decisions about the plan’s management. Your decision-making will include selecting plan investments or investment options and plan service providers. Many of your decisions will require you to understand and evaluate the costs to the plan. This booklet from the U.S. DOL will help you better understand and evaluate your plan’s fees and expenses. While the focus is on fees and expenses involved with 401(k) plans, many of the principles discussed in the booklet also will have application to all types of retirement plans.

Target Date Retirement Funds: Tips for ERISA Plan Fiduciaries

Target date retirement funds (also called target date funds or TDFs) have become an increasingly popular investment option in 401(k) plans and similar employee-directed retirement plans. The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) prepared the following general guidance to assist plan fiduciaries in selecting and monitoring TDFs and other investment options in 401(k) and similar participant-directed individual account plans.

“Final Rule” to Improve Transparency of Fees and Expenses to Workers in 401(k)-Type Retirement Plans

The Department of Labor’s Employee Benefits Security Administration (EBSA) released a final rule that will help America’s workers manage and invest the money they contribute to their 401(k)-type pension plans. Click the button below to download the February 2012 Fact Sheet.

DOL’s “401(k) Plans for Small Business”

401(k) Plans for Small Businesses is a joint project of the U.S. Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) and the Internal Revenue Service (IRS). Click the button below to download this PDF resource.

A Look at 401(k) Plan Fees

More and more employees are investing in their futures through 401(k) plans. Employees who participate in 401(k) plans assume responsibility for their retirement income by contributing part of their salary and, in many instances, by directing their own investments. The information contained in this booklet answers some common questions about the fees and expenses that may be paid by your 401(k) plan.