--- title: DOL to the Rescue - Proposed Guide to Fee Disclosure Documents description: The Department of Labor issued a proposed rule that would require providers to furnish fiduciaries with a guide to assist in navigating fee disclosure. --- [![Multnomah Group](https://blog.multnomahgroup.com/hs-fs/hubfs/canoe/logo-color.png?width=415&name=logo-color.png "Multnomah Group")](https://www-multnomahgroup-com.sandbox.hs-sites.com) [Careers](https://www.multnomahgroup.com/careers) Follow Us: [![Contact Us](https://no-cache.hubspot.com/cta/default/309123/8ea0f5b0-6d32-4c0c-be03-e645ed736c36.png)](https://cta-redirect.hubspot.com/cta/redirect/309123/8ea0f5b0-6d32-4c0c-be03-e645ed736c36) # DOL to the Rescue - Proposed Guide to Fee Disclosure Documents May 20, 2014 On Tuesday, March 11, 2014, the Department of Labor (DOL) issued a proposed rule ([see the News Release](http://www.dol.gov/opa/media/press/ebsa/EBSA20140361.htm)) that would require pension plan service providers to furnish employers and other plan fiduciaries with a guide to assist them in navigating fee disclosure documents. Plan consultants and sponsors alike have been flummoxed by the wave of new paper being shoved in front of them by service providers in their attempt to comply with the 408(b)(2) fee disclosure regulations.  Unfortunately, a number of providers have done only what is required to comply with the regulations, and their disclosures have contained vague references to long lost contracts. This type of 'letter of the law' compliance effort has not effectively furthered the DOL's goal of allowing plan sponsors to evaluate fee reasonableness. Judging reasonability is already a difficult task when access to data is easy. When sponsors are required to collect, aggregate, and analyze schedules under differing formats, this task is nearly impossible. If implemented, a required guide would be a welcome step in improving fee transparency.  Text of the proposed rule is available at [www.dol.gov/find/20140311](http://www.dol.gov/find/20140311).  While we wait through the comment period, plan sponsors can access our white paper, *A Guide to Retirement Plan Fees and Expenses, *by clicking the button below.   [![Get the White Paper](https://no-cache.hubspot.com/cta/default/309123/37c042c3-e7f6-447a-abf7-e0aed4e14518.png)](https://cta-redirect.hubspot.com/cta/redirect/309123/37c042c3-e7f6-447a-abf7-e0aed4e14518)    ### Subscribe To Our Blog [Contact](https://www.multnomahgroup.com/about-us/contact-us) [(888) 559-0159](tel:8885590159) [1155 SW Morrison Street, Ste 501, Portland, OR 97205](https://www.google.com/maps/place/1155+SW+Morrison+St+Suite+501,+Portland,+OR+97205) © 2026 Copyright Multnomah Group Inc.