UPCOMING EVENT: JUNE 26, 2012
Fee Disclosure Workshop for
Employer-sponsored Retirement Plans
Pre-deadline Review of ERISA 408(b)(2) Compliance Regulations Related to Fee Disclosures of
401(k) and 403(b) Company Retirement Plans
MANCHESTER, NH - Eldridge Investment Advisors and Baker Newman Noyes will sponsor "Fee Disclosures: Answering Your Last Minute Questions on Retirement Plan Compliance under ERISA 408(b)(2),” tailored specifically to HR professionals and senior level executives responsible for fiduciary oversight of employer-sponsored defined contribution retirement plans, including 401(k) and 403(b). This program is also open to CPAs.
The workshop will take place on Tuesday, June 26, 2012, from 8:00 a.m. to 10:00 a.m. at The Derryfield Country Club, Manchester, NH. This is an excellent opportunity for plan sponsors and plan fiduciaries to review two-part compliance requirements that go into effect July 1, 2012 and August 30, 2012, ask questions and learn what others are doing.
The workshop is a follow-up to the previous workshop held in November, which provided an overview of the new ERISA regulations that will require service providers and employers to disclose fees associated with company-sponsored retirement plans in order for employers to make informed investment decisions. The first deadline (July 1) affects “covered service providers” to retirement plans requiring them to provide to plan sponsors a full written description of services they provide including all costs associated with the plan stating whether they are acting in a fiduciary role. The second deadline (August 30) will require employers that sponsor participant-directed plans to disclose specific information to all employees concerning participant-level fees charged to or deducted from their individual accounts.
“Now that the regulations and deadlines have been written in stone,” said Sean P. Riley, a professional plan consultant with Eldridge Investment Advisors, “we wanted to hold a forum for employers and plan sponsors to sit down with a roomful of experts to help answer any of their compliance-related questions.”
After several short presentations by Riley, Craig Garner, a qualified pension administrator (QPA) also with Eldridge Investment Advisors, and Peter Tawney, audit principal with Baker Newman Noyes, the floor will be open to questions by attendees.
To reserve a space, please call 800-821-3812 ext. 352, or email Sean Riley. Registration is free for qualified attendees.
Registration and continental breakfast will begin at 7:30 a.m.
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.