Field Assistance Bulletins

Field Assistance Bulletins (or FABs) are written by the Office of Regulations and Interpretations to the Director of Enforcement and Regional Directors to provide guidance in response to questions that have arisen in field operations. FABs may also include transition enforcement relief that permits employers, plan officials, service providers and others time to respond to new laws or regulations.

2018
Document Number
Subject
Issue
Temporary Enforcement Policy on Prohibited Transactions Rules Applicable to Investment Advice Fiduciaries

This Bulletin announces a temporary enforcement policy on prohibited transaction rules applicable to investment advice fiduciaries.

Interpretive Bulletins 2016-01 and 2015-01

Guidance on  the fiduciary standards under ERISA relating to proxy voting and shareholder engagement activities, and consideration of “economically targeted investments.”.

2017
Document Number
Subject
Issue
Enforcement Policy on Arbitration Limitation in the Best Interest Contract Exemption and Principal Transactions Exemption

This Bulletin announces an enforcement policy on the arbitration limitation in certain prohibited transaction exemptions related to the final rule defining who is a “fiduciary” under ERISA and the Internal Revenue Code.

Temporary Enforcement Policy on Fiduciary Duty Rule

This Bulletin announces a temporary enforcement policy related to the final rule defining who is a “fiduciary” under ERISA and the Internal Revenue Code, and the related prohibited transaction exemptions.

Temporary Enforcement Policy On Fiduciary Duty Rule

This Bulletin announces a temporary enforcement policy related to the March 2, 2017, proposal to extend for sixty (60) days the applicability date of the final rule defining who is a “fiduciary” under ERISA and the Internal Revenue Code, and the applicability date of the related prohibited transaction exemptions.

2015
Document Number
Subject
Issue
Selection and Monitoring under the Annuity Selection Safe Harbor Regulation for Defined Contribution Plans

Guidance for fiduciaries under 29 CFR 2550.404a-4 regarding the selection and monitoring of annuity providers and contracts for benefit distributions from defined contribution plans.

ERISA's Annual Funding Notice Requirements Following the Highway and Transportation Funding Act of 2014

Guidance under section 101(f) of ERISA relating to single-employer defined benefit plan annual funding notice requirements pursuant to the Highway and Transportation Funding Act of 2014 (HATFA), including a modified supplement to the model annual funding notice that plan administrators may use to comply with the requirements of section 101(f)(2)(D).

2014
Document Number
Subject
Issue
Supplemental FAQs on Apprenticeship and Training Plan Expenses - Skills Competitions

Guidance on the permissible use of plan assets by apprenticeship and training plans to pay expenses related to skills contests and competitions.
 

Fiduciary Duties and Missing Participants in Terminated Defined Contribution Plans

This Bulletin updates departmental guidance on how fiduciaries of terminated defined contribution plans can fulfill their obligations under ERISA to locate missing participants and properly distribute the participants’ account balances.