DOL’s Non-Enforcement Policy for 401(k) ESG Investments
On March 10, 2021, the U.S. Department of Labor (“DOL”) announced in an official statement that it will not enforce its recently issued regulations on […]
New Guidance for 401(k) Plans on Missing Participants
On Tuesday, January 12, 2021, the U.S. Department of Labor (“DOL”) issued official guidance on locating missing participants in retirement plans, including 401(k) plans. The […]
2021 Penalty Amounts for ERISA Health and Welfare Plans
On January 14, 2021, the U.S. Department of Labor (“DOL”) published its annual announcement of civil monetary penalties for various employee benefits-related violations under ERISA, […]
Two Cost-Sharing Changes Provide Flexibility for Grandfathered Plans
On December 15, 2021, the Departments of Labor, Health & Human Services, and Treasury (“Departments”) issued a final rule (“Rule”) expanding cost-sharing requirements for grandfathered […]
Proposed Regulations on Rollover of 401(k) Qualified Plan Loan Offsets
On August 17, 2020, the Internal Revenue Service (“IRS”) issued proposed regulations addressing rollovers of qualified retirement plan (particularly 401(k) plan) loan offset amounts. The […]
DOL Issues Guidance on 401(k) Plan Investments in Private Equity
On June 3, 2020, the U.S. Department of Labor (“DOL”) issued guidance in the form of an Information Letter that significantly expands the defined contribution […]
DOL Releases Final Regulations on Default Electronic Notices and Disclosures for 401(k) Plans
On May 21, 2020, the U.S. Department of Labor (“DOL”) released Final Regulations (along with a related DOL fact sheet) permitting administrators of retirement plans […]