Default Investment
Alternatives Under Participant-Directed Individual Account Plans
Regulation
Final
Rule – This final regulation implements recent amendments to
ERISA under which a participant of a plan will be deemed to have
exercised control over assets in his account if, in the absence of
investment directions from the participant, the plan invests in a
qualified default investment alternative.
PENSIM
Analysis of Impact of Final Regulation on Defined-Contribution
Default Investments – Martin R.
Holmer, Policy Simulation Group, February 12, 2007 –
This document describes the final regulatory impact analysis that
incorporates analytical suggestions made by the reviewers, an update
of economic and demographic assumptions, and an expansion in the
scope of the analysis initiated by DOL.
Proposed Rule –
This proposed regulation would implement recent amendments to ERISA
under which a participant of a plan will be deemed to have exercised
control over assets in his account if, in the absence of investment
directions from the participant, the plan invests in a qualified
default investment alternative.
Peer
Review – Completed pursuant to the OMB Final Information
Quality Bulletin for Peer Review and cited in the Regulatory Impact
Analysis included in the Proposed Rule – Annual Reporting and
Disclosure.
Form 5500 Revision Regulation
Final
Rule - Annual Reporting and Disclosure – The final rules conform the
Department's annual reporting regulations to the changes to the Form
5500 Annual Return/Report.
Notice of
Adoption of Forms Revisions – The Notice of Adoption of Forms
Revisions describes changes to the Form 5500 Annual Return/Report
for reporting years beginning on or after January 1, 2009, including
a new Short Form 5500 (5500-SF) for eligible plans.
Technical Appendix
– Providing supporting documentation for the Regulatory
Impact Analysis included in the Final Rule - Annual
Reporting and Disclosure.
Proposed Rule – Annual Reporting and Disclosure – The Proposed Rule would conform the
Department's annual reporting regulations to the proposed changes to
the Form 5500 Annual Return/Report.
Notice of
Proposed Forms Revisions – The Notice of Proposed Forms Revisions describes proposed changes to the Form 5500 Annual Return/Report for reporting years beginning on or after January 1, 2008, including a new Short Form 5500 (5500-SF) for eligible plans.
Technical Appendix
– Providing supporting documentation for the Regulatory
Impact Analysis included in the Proposed Rule - Annual
Reporting and Disclosure.
Peer
Review – Completed pursuant to the OMB Final Information
Quality Bulletin for Peer Review and cited in the Regulatory Impact
Analysis included in the Proposed Rule – Annual Reporting and
Disclosure.
Reasonable Contract Or
Arrangement Under ERISA Section 408(b)(2) – Fee Disclosure
Proposed
Rule – The
proposed regulation requires disclosure of fee information and
possible conflicts of interest to plan fiduciaries to assist them in
assessing the "reasonableness" of certain service contracts or arrangements.
Technical Appendix –
Provides supporting documentation for the
Regulatory Impact Analysis included in the proposed regulation.
Proposed Class Exemption – Provides an exemption for plan fiduciaries that enter into
service contracts or arrangements that are not
"reasonable" due to a service provider's failure to
provide disclosures as required by ERISA section 408(b)(2).