Default Investment Alternatives Under Participant Directed Individual Account Plans

36 organizations filed 41 public comments on Default Investment Alternatives Under Participant Directed Individual Account Plans, at the Employee Benefits Security Administration. The comment window closed 7197d ago.

Abstract

This document contains a proposed regulation that, upon adoption, would implement recent amendments to title I of the Employee Retirement Income Security Act of 1974 (ERISA) enacted as part of the Pension Protection Act of 2006, Public Law 109–280, under which a participant of a participant directed individual account pension plan will be deemed to have exercised control over assets in his or her account if, in the absence of investment directions from the participant, the plan invests in a qualified default investment alternative. A fiduciary of a plan that complies with this proposed regulation will not be liable for any loss, or by reason of any breach that occurs as a result of such investments. The types of investments that qualify as default investment alternatives under section 404(c)(5) of ERISA are described in the proposal.

Commenters (36)

• Inc. 11/13/06unverified attribution

  5 filings · confidence 70%
• AFL-CIO

  2 filings · confidence 97%
• 101: Davis/The Money Management Institute 01/02/07trade assoc.

  1 filing · confidence 85%
• 102: Bell/Financial Planning Association 01/17/07trade assoc.

  1 filing · confidence 85%
• 114: Wallison/American Enterprise Institute for Public Policy Research 06/25/07trade assoc.

  1 filing · confidence 85%
• 116: Miller/National Association of Real Estate Investment Trusts 07/06/07trade assoc.

  1 filing · confidence 85%
• 118: Dagan/Dwight Asset Management Company 07/11/07unverified attribution

  1 filing · confidence 70%
• 30: Freeman/Employers Council on Flexible Compensation 11/09/06trade assoc.

  1 filing · confidence 85%
• 32: Schub/Committee on Investment of Employee Benefit Assets 11/10/06trade assoc.

  1 filing · confidence 85%
• 33: Kahan/Metropolitan Life Insurance Company 11/10/06unverified attribution

  1 filing · confidence 70%
• 40: Kelliher/Deluxe Corporation 11/13/06unverified attribution

  1 filing · confidence 70%
• 41: Graff; Bloom; Ferenczy; Lipkin; Richter; White; Lofgren/American Society of Pension Professionals & Actuaries 11/13/06trade assoc.

  1 filing · confidence 85%
• 42: Bell/Financial Planning Association 11/13/06trade assoc.

  1 filing · confidence 85%
• 44: Mitchell/Stable Value Investment Association 11/13/06trade assoc.

  1 filing · confidence 85%
• 45: Allen; Loving; Zielinski/Pension Consultants Inc. 11/13/06unverified attribution

  1 filing · confidence 70%
• 48: Mackey/National Association for Variable Annuities 11/13/06trade assoc.

  1 filing · confidence 85%
• 52: Cammack/American Council of Life Insurers 11/13/06trade assoc.

  1 filing · confidence 85%
• 53: Brown/University of Illinois at Urbana-Champaign 11/13/06unverified attribution

  1 filing · confidence 70%
• 58: Varley/Securities Industry and Financial Markets Association 11/13/06trade assoc.

  1 filing · confidence 85%
• 66: McKeever; Bortz/The Committee of Annuity Insurers 11/13/06trade assoc.

  1 filing · confidence 85%
• 76: Krentzman/Investment Company Institute 11/13/06trade assoc.

  1 filing · confidence 85%
• 87: Mader; McIntire/National Coordinating Committee for Multiemployer Plans 11/14/06trade assoc.

  1 filing · confidence 85%
• 88: Edwards/National Association of Real Estate Investment Trusts 11/14/06trade assoc.

  1 filing · confidence 85%
• an ACS Company 11/13/06unverified attribution

  1 filing · confidence 70%
• Ebner/The 401(k) Company 10/30/06unverified attribution

  1 filing · confidence 70%
• Inc. 01/19/07unverified attribution

  1 filing · confidence 70%
• Inc. 10/08/06unverified attribution

  1 filing · confidence 70%
• Inc. 10/10/06unverified attribution

  1 filing · confidence 70%
• Inc. 11/07/06unverified attribution

  1 filing · confidence 70%
• Inc. 11/10/06unverified attribution

  1 filing · confidence 70%
• Inc. 11/12/06unverified attribution

  1 filing · confidence 70%
• Inc. 11/22/06unverified attribution

  1 filing · confidence 70%
• LLC 02/08/07unverified attribution

  1 filing · confidence 70%
• LLC 07/24/07unverified attribution

  1 filing · confidence 70%
• National Association of Manufacturers (NAM)trade assoc.

  1 filing · confidence 97%
• University of Chicago 01/30/07unverified attribution

  1 filing · confidence 70%