408(b)(2) – Are You Ready?
On July 1st the Department of Labor’s (DOL) regulation 408(b)(2) is scheduled to become law. All 401(k) plan sponsors will be required to know the fees charged by their 401(k) provider and determine whether those fees are reasonable for the services being rendered.
What exactly is 408(b)(2)? How does this impact plan sponsors and participants? What are reasonable fees?
Piercy Bowler Taylor & Kern (PBTK), a 401(k) plan audit firm, is hosting a workshop to help you understand the impact of 408(b)(2), evaluate your current fees and determine if they are reasonable. PBTK will be joined by Christine Soscia, a 401(k) expert with the Retirement Benefits Group (RBG). RBG manages over $8 billion in 401(k) assets.
Speakers: Michael Fennessy with Great West Retirement Services and John Lacey with MFS
RSVP: Please RSVP by March 12th to shiller@pbtk.com or register online
