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EBSARulemakingEBSA-2007-0047

Reasonable Contract or Arrangement Under Section 408(b)(2)—Fee Disclosure; Proposed Rule

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U.S. Chamber of Commerce filings
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U.S. Chamber of Commerce filed 1 comment on this docket between Sep 29, 2010 and Sep 29, 2010. 42 other organizations filed here. The comment window closed 5095d ago.

What U.S. Chamber of Commerce filed (1)

Sep 29, 2010· Comment 33: U.S. Chamber of Commerce/Johnson, Wong 08302010· EBSA-2007-0047-0143

Filed on regulations.gov — full text not in the inline record.

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Abstract

This document contains a proposed regulation under the Employee Retirement Income Security Act of 1974 (ERISA) that, upon adoption, would require that contracts and arrangements between employee benefit plans and certain providers of services to such plans include provisions that will ensure the disclosure of information to assist plan fiduciaries in assessing the reasonableness of the compensation or fees paid for services that are rendered to the plan and the potential for conflicts of interest that may affect a service provider’s performance of services. The proposed regulation will redefine what constitutes a ‘‘reasonable contract or arrangement’’ for purposes of the statutory exemption from certain prohibited transaction provisions of ERISA. The regulation, upon adoption, will affect employee benefit plan sponsors and fiduciaries and the service providers to such plans.

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Co-filers (42)

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