Question Title * Info: (Required.) Name Company Email Address NEXT Question Title * Why is it important for plan sponsors to understand and evaluate retirement plan fees? To eliminate all fees entirely. To identify and mitigate excessive fees that can impact employee retirement savings. To make sure employees are paying all plan expenses. To comply with state regulations. NEXT Question Title * Which of the following is NOT typically a category of retirement plan fees? Plan administration fees. Investment management fees. Marketing and advertising fees. Transactional fees NEXT Question Title * What document typically discloses plan administration and investment management fees? The participant benefits handbook. 408(b)(2) fee disclosure. Employee contract. IRS tax form 5500. NEXT Question Title * What is a potential issue with using revenue sharing in retirement plans? It always reduces total plan fees. It ensures all employees pay the same fees. It can create unequal fee payments among participants, where some may subsidize others. It eliminates the need for plan sponsors to monitor fees. NEXT Question Title * How often does the Department of Labor recommend benchmarking retirement plan fees? Every year. Every 5 years. Every 3 years, or more frequently if there are major changes. Only when plan fees increase significantly. NEXT SUBMIT