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Fee Focus and Frenzy

Topic:
Fee Focus and Frenzy
Date:
February 29, 2012 at 12:30 - 1:30 PM ET
Presenters:
Dale Vlasek, Attorney(McDonald Hopkins LLC)
Colin Fitzpatrick Smith, retirement plan designer(The Retirement Company, LLC)
webcastImgVirtual
Description
How to be prepared for what will soon be forthcoming (unless the DOL changes its mind again).

We will begin with an overview of the recent rules and regulations regarding fees and their disclosure from plan sponsors to plan sponsors as defined by the Department of Labor that pertain to qualified retirement plan covered by ERISA (the Employee Retirement Income Security Act).

We will define for you who must reveal what to whom and by when. It should be noted the Department of Labor has (for now) rescheduled their target date from April 2012 to July 2012.

We will discuss the impact on Human Resources of all these fees as well as the reporting requirements and what proactive paths they should consider pursuing to be in compliance by the defined deadline.

The impact of these multiple rules and regulatory changes will be felt across the expanse of qualified retirement plans

And we will share all this information, and our insights, with you in a power point presentation with hard copy available as well.

All this information and insights will be shared with you from two distinct perspectives: from the legal requirements of established legal counsel and a fiduciary perspective of a plan advisor both of whom possess more than a quarter century of practical experience in the qualified plan arena.

You will become educated as to extent of the fees and how (and by when) they need be disclosed to plan participants (and Plan Sponsors).

And when, as the Department of Labor has recently hired one hundred agents, you will be prepared for their eventual arrival at your doorstep

In plain English.

Who Should Participate
As the impact of these multiple rules and regulatory changes will be felt across the expanse of qualified retirement plans, and as plan participants will start pestering their Human Resources personnel, those involved with Human Resources should attend
What You Will Learn
1. You will become educated as to extent of the fees. 2. How (and by when) they need be disclosed to plan participants (and Plan Sponsors). 3. When, as the Department of Labor has recently hired one hundred agents, you will be prepared for their eventual arrival at your doorstep.
Recommended Resources
There are any number of resources available to you on this topic. If you wish to be pointed in their direction prior to our session with you, please email me: colin@theretirementcompanytoday.com and we will inundate you with information.
Communities
Benefits
Voluntary Benefits
Retirement Benefits
Healthcare Legislation and Compliance
Benefits - Cost Containment, Audits and Legal Risks
Presented by
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Dale Vlasek
McDonald Hopkins LLC

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Colin Fitzpatrick Smith
The Retirement Company, LLC

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Event Sponsors
McDonald Hopkins LLC
About McDonald Hopkins -- A business advisory and advocacy law firm Despite the complexity and uncertainty in the world today, our 140 attorneys are focused on insightful legal solutions that help our clients strategically plan for an increasingly competitive future. That is why we have a more than 80-year track record of counseling our clients through the most difficult times. We are a business advisory and advocacy law firm with lawyers in six strategic locations -- Chicago, Cleveland, Columbus, Detroit, Miami and West Palm Beach. In our most recent survey, we found that our clients are intensely loyal and confident in us. Although proud of the results, we are always striving to enhance our client relationships by exceeding their expectations. Our comprehensive legal services are provided by teams of specialized attorneys and professionals who recognize that clients expect us to understand the complexities of their business or individual needs. Our service and industry specialties are designed to meet the growing challenges our clients face in an increasingly competitive environment. We approach every day with an entrepreneurial spirit and keen insight that enable us to furnish enhanced value.
The Retirement Company, LLC
The Retirement Company, LLC was founded with the goal of assisting our clients in every aspect of their financial lives. We’ve provided the most personal service available, thus earning a reputation for excellence in our industry.
File List
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5 / 5
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3 / 5
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4 / 5
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The Dutch Group
Great Presentation of Information. Good detail regarding changes and implementation of those changes! Thanks so much! 5 / 5
Excellent Presentation

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