More on DOL's Fee Disclosure Proposed Regulations

As discussed in breaking news from the DOL last week, the Federal Register dated July 23, 2008 consisted of the proposed regulations from the DOL on the new fee disclosure requirements for participant directed (401(k)-style) plans.

The entire 32 page proposed regulation was a result of an extensive study of data gathered during the comment period last year. As we discussed on the post last week, there were many comments obtained from all sorts of interested parties, which in and of itself makes for fascinating reading and can be found here.

On pages 30 and 31 of the Federal Register linked above are the proposed model disclosures that the DOL is seeking to make mandatory effective January 1, 2009. Part 1 of the disclosure consists of a listing of funds and their historical financial performance (click on the pic for a sharper image): Part 2 of the disclosure relates to fees (click on the pic for a sharper image):

They are not kidding around this time folks. This is getting deep.