The proposed rule called for retirement plan providers to create a table of contents for fees. It was not clear if the document had to be in print or electronic form, or how often it had to be updated.
The idea of a fee roadmap is not going away, though. In coming days, the department is expected to issue its final fee disclosure rules. They will require all providers that work with 401(k) plans, such as Fidelity Investments and Vanguard Group, to disclose what employers pay for retirement plan administration, money management and other services.
