Understanding your plan's investment options, services and plan fees - ERISA Section 408(b)(2)
Overview
The following information is intended to be used in conjunction with the Edward Jones Disclosure of Services, Fees and Other Compensation disclosure document you received.
Background
ERISA plan fiduciaries have important responsibilities related to the plan including carrying out their duties prudently, following the terms of the plan documents, diversifying plan investment choices and paying reasonable compensation for plan services. The Department of Labor published a final rule related to plan-level fee disclosure on February 3, 2012. The final regulation, effective on July 1, 2012, commonly known as the "408(b)(2) regulation," requires service providers to qualified retirement plans to disclose the services they will provide to the plan, the direct and indirect compensation the service provider reasonably expects to receive in connection with fees charged for those services, the service provider's status/capacity in relation to the plan and potential conflicts of interest.
Fee disclosure resources
Helpful resources
Important Information:
This website contains information specific to Edward Jones as a service provider to your plan. The information contained herein does not relate to other service providers to the plan, such as trustees, investments managers, payroll providers or third party administrators ("TPAs"). For fee and compensation information relating to those service providers, please contact those service providers directly.