Paul Porretta and Mamta Shah, Partners with Troutman Pepper Hamilton Sanders LLP, to Speak at The Knowledge Group’s 401(k) Fee Disclosure Rules

This event is scheduled for Wednesday, October 7, 2020 from 12:00PM to 1:00PM ET.

For further details, please visit:
https://www.theknowledgegroup.org/webcasts/401k-fee-disclosure-rules/

About Paul Porretta
Mr. Porretta’s practice focuses on a wide range of services related to 401(k) plans, pension plans, multiemployer plans, employee stock ownership plan (ESOPs) and ERISA issues. In addition, he has extensive experience with equity-based compensation, nonqualified deferred compensation, employment arrangements, health and welfare plans and HIPAA compliance.

Mr. Porretta was previously a partner with Morrison Cohen LLP and an assistant general counsel at MetLife. He started his legal career at Thelen Reid Brown Raysman & Steiner LLP.

Mr. Porretta received his B.A. from Marquette University, M.B.A. from Fordham University, J.D. from New York Law School and LL.M. in Taxation from the New York University School of Law.

About Mamta Shah
Ms. Shah advises public and privately-held companies on all aspects of employee benefits law, including the implementation, design and administration of qualified employee benefit plans (such as 401(k) plans, profit sharing plans and defined benefit plans), nonqualified deferred compensation arrangements, health and welfare plans, and severance, stock option and other equity and/or incentive based compensation plans. She also has experience in employee benefits issues arising in the context of business transactions, such as corporate mergers, acquisitions and dispositions, with an expertise in benefits integration and disintegration.

Ms. Shah started her legal career at Katten Muchin Rosenman LLP.

Ms. Shah received her B.A. from New York University, M.S. from Georgetown University and J.D. from Hofstra University Maurice A. Deane School of Law.

About Troutman Pepper Hamilton Sanders LLP

Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,100 attorneys in 23 U.S. cities, the firm partners with clients across every industry sector to help them achieve their business goals. Read more about the firm’s litigation, transactional, and regulatory practices at troutman.com.

Abstract

The Department of Labor Regulations on disclosure of 401(k) plan fees and expenses are designed to provide transparency to participants in a user-friendly format, allowing for an apples-to-apples comparison of fees and expenses under a plan’s investment options that impact participant account balances, and a look under the hood on plan administration costs charged to participant accounts. But greater disclosure can lead to greater scrutiny, and an essential duty for plan sponsors is monitoring fees and expenses that could reduce participant account balances, and timely addressing excesses.

During this LIVE webcast for The Knowledge Group, Troutman Pepper employee benefits experts Paul Porretta and Mamta Shah will outline the 401(k) plan fee and expense disclosure requirements, and explain the best practices for plan sponsors in navigating this legal minefield.

Key topics will include:
· 401(k) Fees & Expenses Plans are Required to Disclose
· Avoiding Problems – Effective Investment Communications to Participants
· The Importance of an Up-to-Date Investment Policy Statement
· Monitoring Your 401(k) Investment Options, Recordkeeper, and Fees; and
· Should You Engage an Investment Advisor or Investment Manager for Your Plan?

About The Knowledge Group
Founded in November 2006, The Knowledge Group has been at the forefront of providing quality continuing education programs for lawyers, accountants, financial executives, risk and compliance specialists, human resources professionals, technology officers, and business consultants in a wide range of industries.

The Knowledge Group strives to be the best-in-class provider of continuing education by bringing forth relevant content you can’t get anywhere else. To contact or register to an event, please visit: http://theknowledgegroup.org/.

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