Managing your requirements
Fee disclosure regulations require ERISA plan sponsors to determine reasonableness of fees and provide disclosures to inform and educate their participants. Having a formal governance process in place to manage these requirements is critical.
TIAA provides you with support to manage your service and fee disclosure responsibilities. We work diligently to manage expenses on behalf of plan participants and are committed to keeping our fees low, because our goal is to provide value to you and your employees.
For additional resources to help educate your participants about fees and expenses, and how the information fits into their overall retirement planning, log on to PlanFocus and select the Compliance tab and then Service & Fee Disclosure.