Home > Retirement > Fee Disclosure

Newkirk's Fee Disclosure Services
Fact sheet available

Click here to register for a free webinar.

Newkirk's ready for participant fee disclosure. Are you?

As a leading financial communications provider, Newkirk has developed a comprehensive suite of products and services to help you focus on the fee disclosure needs of your plan sponsors and plan participants.

We're well-positioned to help you meet the DOL fee disclosure requirements with:

• Annual Expense Disclosure Document
• Statements
• Enrollment Materials
• Participant Investment Site
• Participant Flyer
• Plan Sponsor Booklet

Annual Expense Disclosure Document

This document combines the components of the DOL Model Comparative Chart (providing information about investment performance and fees) with plan information on administration expenses and individual expenses. The Annual Expense Disclosure Document will satisfy initial and annual notice requirements for participants, beneficiaries, and eligible but not participating employees.

Statements

Newkirk has developed a new multiple sheet statement to facilitate disclosure. In addition to our standard statement features (personalized messaging, optional educational text, contribution and balance information, optional transactional information), this new statement discloses participant share of administration expenses, individual expenses (if any), and, in a special year-end version, investment fees and expenses (as well as performance, benchmark performance, etc.).

Click here to learn more.

Enrollment Materials

NewkirkOne (N1), Newkirk's flagship communication platform, allows users to enter information about potential administration expenses and individual expenses. Both our enrollment booklet fund performance summary page and our fund fact sheets satisfy the DOL's disclosure requirements on investment-related fees and expenses.

Click here to learn more.

Participant Investment Site

Newkirk's Fund Central provides plan participants with important investment-related information through the Internet. This customizable web application can display custom benchmarks (as permitted by the DOL final rule, with certain limitations), as well as the investment fee and expense information specified in the DOL Model Comparative Chart.

Click here to learn more.

Participant Flyer: "Understanding Plan
Fees and Expenses"

Industry experts anticipate participant confusion and dissatisfaction when the annual disclosure document is first received. A proactive approach is recommended. Our full-color fee disclosure flyer sets the table for participants by emphasizing:

• Fees are not new; disclosure is new.
• Any costs employers pay (e.g., plan administration fees, if true) and other contributions they may make (e.g., match).

Click here to view a sample.

View and Print Order Form

Plan Sponsor Booklet: "Retirement Plan Fee Disclosure: Preparing for Participant Questions"

Sponsors need to be prepared for the questions their participants will have. Our explanatory booklet provides valuable information and suggestions for sponsors to help them cope with, and respond to, participant inquiries.

Click here to view a sample.

View and Print Order Form

Click here to request more information regarding Newkirk's Fee Disclosure Services. Or, contact our Sales Desk directly by phone at 855-NEWKIRK (639-5475).