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Faegre Baker Daniels LLP | USA | 10 Nov 2011

Department of Labor provides guidance on electronic disclosures of required fee and administrative information

Starting May 31, 2012, the Department of Labor (DOL) will require employers to give participants and beneficiaries of 401(k) and similar plans disclosures regarding participant fees, expenses, and plan administrative costs.


Faegre Baker Daniels LLP | USA | 29 Apr 2010

Proposed federal law creates new risks & penalties for employers who improperly classify employees as independent contractors

Earlier this year, we reported that the Obama Administration's proposed 2011 budget included millions of dollars for a "misclassification" initiative spearheaded by the Department of Labor (DOL).


Faegre Baker Daniels LLP | USA | 8 May 2008

Department of Labor issues QDIA guidance

The Department of Labor on April 29, 2008, once again waded into what has become controversial waters by issuing additional regulatory guidance on default investments.


Faegre Baker Daniels LLP | USA | 5 May 2008

DOL clarifies QDIA notice requirements

More than four months after the Department of Labor's qualified default investment alternative regulations became effective, the Department last week issued much needed guidance clarifying the rule's application in a number of contexts.

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