Benefits Link, Named Media Partner at Knowledge Congress' 401(k) Fees: What You Need to Know in 2011 Live Webcast on 08/09/2011

New York, NY, July 01, 2011 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Benefits Link will be a media partner at the Knowledge Congress’ upcoming webcast entitled: “401(k) Fees: What You Need to Know in 2011.” This 2-hour event is scheduled for August 9, 2011, Tuesday, at 3:00 PM - 5:00 PM ET.

For further details of the event, please visit: http://knowledgecongress.org/event_2011_401k_Fees.html

About Benefits Link

BenefitsLink.com -- on the web since 1995 -- supplies employee benefits plan practitioners and sponsors with comprehensive news and information about plan compliance, administration, policy and design. Email newsletters with the latest developments are sent to 25,000 subscribers every day. Also online are an industry webcast calendar and message boards for practitioners to exchange questions and answers. Their affiliated site is EmployeeBenefitsJobs.com -- named one of the 100 best job boards on the web -- where employers reach their niche audience of potential job candidates on the web and via prominent links in their daily newsletters. For further details about Benefits Link, please visit: http://benefitslink.com

Event Synopsis:

One of the key issues that will surely be a challenge for plan fiduciaries and participants is the multiple sets of regulations relating to 401(k) fees which were recently released by the Department of Labor. The regulations call for service providers to 401(k) plans to deliver more information about their services and fees to plan fiduciaries. Plan fiduciaries will be expected to review and consider this information in making decisions regarding the reasonableness of 401(k) plan services and fees. In addition, plan fiduciaries must provide new disclosures to participants, who self-direct their accounts, including more information about investment-related expenses as well as administrative and individual expenditures and may be liable if participants incur investment losses and participant disclosure was not complete as required by the new regulations. While the new disclosure regulations are intended to improve the information that plan administrators and participants receive about 401(k) plan fees and expenses, implementation of the new requirements is expected to be complex and costly for plans as well as service providers, and plan fiduciaries may find that interpreting these requirements is difficult and could be confusing.

The Knowledge Group is assembling a panel of distinguished thought leaders, professionals and key regulators to help plan fiduciaries and participants understand issues arising from the new 401(k) fees disclosure rules. The speakers will present their expert opinions in a two-hour Live webcast.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. To contact or register to an event, please visit: www.knowledgecongress.org.

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