Document Headings

                    Document headings vary by document type but may contain                    the following:                  
                -                       the agency or agencies that issued and signed a document                    
                -                       the number of the CFR title and the number of each part                      the document amends, proposes to amend, or is directly                      related to                    
                -                       the agency docket number / agency internal file number                    
                -                       the RIN which identifies each regulatory action listed in                      the Unified Agenda of Federal Regulatory and Deregulatory                      Actions                    

                    See the                                          Document Drafting Handbook                                        for more details.                  

###### Department of Labor

###### Employee Benefits Security Administration

          - 29 CFR Part 2550
          - RIN 1210-AB68

# AGENCY:

Employee Benefits Security Administration, Department of Labor.

# ACTION:

Proposed rule.

# SUMMARY:

                        This document proposes to amend the Department of Labor's “participant-level fee disclosure” regulation by making a technical adjustment to an annual timing requirement. In the “Rules and Regulations” section of this issue of the                         **Federal Register**                        , we are making this same amendment as a direct final rule. If we receive no significant adverse comment, the direct final rule will go into effect and we will not take further action on this proposed rule. If, however, we receive significant adverse comment, we will withdraw the direct final rule and it will not take effect. In that case, we will address all public comments in a subsequent final rule based on this proposed rule. We will not institute a second comment period on this rule. Any parties interested in commenting must do so during this comment period.                    

# DATES:

Comments must be received on or before April 20, 2015.

# ADDRESSES:

You may submit comments, identified by RIN 1210-AB68 (Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans—Timing of Annual Disclosure), by one of the following methods:
      -  Federal eRulemaking Portal: http://www.regulations.gov.                          Follow the instructions for submitting comments.                    
      -  Email: e-ORI@dol.gov.                          Include RIN 1210-AB68 in the subject line of the message.                    
      -  Mail or Hand Delivery:                          Office of Regulations and Interpretations, Employee Benefits Security Administration, Room N-5655, U.S. Department of Labor, 200 Constitution Avenue NW., Washington, DC 20210.                    

*Instructions:*                         All submissions received must include the agency name and Regulation Identifier Number (RIN) for this rulemaking. Comments received by the Department of Labor will be posted without change to                         *http://www.regulations.gov*                         and                         *http://www.dol.gov/​ebsa*, and made available for public inspection at the Public Disclosure Room, N-1513, Employee Benefits Security Administration, 200 Constitution Avenue NW., Washington, DC 20210, including any personal information provided.                         *Warning:*                         Do not include any personally identifiable information (such as name, address, or other contact information) or other confidential business information that you do not want publicly disclosed. All comments may be posted on the Internet and can be retrieved by most Internet search engines. No deletions, modifications, or redactions will be made to the comments received, as they are public records. Comments may be submitted anonymously. Persons submitting comments electronically are encouraged not to submit paper copies.                    

# FOR FURTHER INFORMATION CONTACT:

Eric A. Raps, Office of Regulations and Interpretations, Employee Benefits Security Administration, (202) 693-8532. This is not a toll-free number.

# SUPPLEMENTARY INFORMATION:

                    In the “Rules and Regulations” section of today's                     **Federal Register**                    , the Department of Labor published a direct final rule that amends the definition of the term “at least annually thereafter” contained in 29 CFR 2550.404a-5(h)(1) by substituting the term “14-month period” for the term “12-month period.” This                     **Federal Register**                     notice incorporates by reference and proposes the same amendment contained in the direct final rule. Please refer to the preamble and the regulatory text of the direct final rule for details, including information and analyses under applicable Executive Orders, the Regulatory Flexibility Act, Paperwork Reduction Act, and Unfunded Mandates Reform Act.                

Signed at Washington, DC, this 12th day of March 2015.

Phyllis C. Borzi,

Assistant Secretary, Employee Benefits Security Administration, U.S. Department of Labor.

[FR Doc. 2015-06210 Filed 3-18-15; 8:45 am]

 BILLING CODE 4510-29-P