Report of the Working Group on Fee and Related Disclosures to Participants

This document is about the ERISA Advisory Council's study on fee and related disclosures to participants in defined contribution plans. The working group examined the adequacy and usefulness of current fee disclosure requirements, the division between required disclosures and disclosures upon request, and whether new disclosure methods could enhance utility for participants. The report includes findings and recommendations for regulatory changes and guidance to plan sponsors.