Summary

GAO reviewed the Department of Labor, Employee Benefits Security Administration's new rule on annual reporting and disclosure. GAO found that (1) the final rule amends the annual reporting and disclosure requirements under Part 1 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended; and (2) the Employee Benefits Security Administration complied with applicable requirements in promulgating the rule, except for the 60-day delay in its effective date.