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Drinker Biddle & Reath LLP | USA | 21 Sep 2011

Electronic participant disclosures: new DOL guidance

On Sept. 13, 2011, the Department of Labor (the DOL) issued Technical Release 2011-03 regarding the use of electronic media to satisfy the new participant disclosure requirements under DOL Regulation 2550.404a-5 (the Participant Disclosure Regulation).


Drinker Biddle & Reath LLP | USA | 16 Mar 2010

Employer notice requirement under CHIPRA model notice issued

The Employee Benefits Security Administration of the Department of Labor (DOL) issued a model notice (the CHIP Notice) on February 4, 2010, for employers to use to comply with the requirements of the Children's Health Insurance Program Reauthorization Act of 2009 (CHIPRA).


Drinker Biddle & Reath LLP | USA | 22 Jan 2010

Small plan seven-day safe harbor for remitting participant contributions

On January 14, 2010, the U.S. Department of Labor (DOL) issued final regulations establishing a seven-day optional “safe harbor” period in which employers may remit participant contributions to certain ERISA-covered plans with fewer than 100 participants (small plans).


Drinker Biddle & Reath LLP | USA | 5 Mar 2008

Are participant contributions remitted quickly enough?

Participant contributions to certain ERISA plans must be deposited with the plan on the earliest date on which they can reasonably be segregated from the employer’s general assets.

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