ERISA Compliance Update for 401(k) and 403(b)
Retirement Plan Sponsors
ERISA 408(b)(2) Compliance: Guest speaker Mary Rosen from the Employee Benefits Security Adminstration updates plan sponsors on fee disclosure regulations and deadlines.
MANCHESTER, NH - Eldridge Investment Advisors and Baker Newman Noyes recently sponsored a Fiduciary Responsibility Workshop in association with the Human Resource Certification Institute, tailored specifically to HR professionals and senior level executives responsible for fiduciary oversight of an employer-sponsored defined contribution retirement plans, including 401(k) and 403(b). The keynote speaker for the event was Mary Rosen, J.D., associate regional director, Employee Benefits Security Administration of the U.S. Department of Labor.
Her presentation, "Fiduciary Responsibility & Pending Fee Disclosure Regulations," covered service provider fee disclosure and participant-level fee disclosures under ERISA 408(b)(2) for plan sponsors.
The full audio of her presentation as well as her presentation slides are available on the Eldridge Investment Advisors' website. Click on ERISA 408(b)(2) Compliance Update to listen to and view the materials.
About Featured Speaker Mary Rosen
Rosen is the associate regional director of the Boston Regional Office of the United States Department of Labor, Employee Benefits Security Administration (EBSA). As associate regional director, she assists the regional director in carrying out the enforcement program under the Employee Retirement Income Security Act of 1974 (ERISA), the Consolidated Omnibus Budget Reconciliation Act (COBRA) and the Health Insurance Portability and Accountability Act (HIPAA). In addition, she serves as technical advisor to the regional director and directly oversees the office’s outreach activities.
About Eldridge Investment Advisors
Eldridge Investment Advisors, Inc., located in Manchester, NH, is an independent investment advisory firm focused on retirement plan and investment consulting for individuals, families, corporations and trusts throughout New England and beyond. With the added capability to provide retirement plan administration through its affiliated company Stephen Eldridge & Company, Inc., the firm is especially well-suited to meet the needs of the principals and key executives of privately held businesses.
Securities offered through LPL Financial. Member FINRA/SIPC.