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Asked 2/23/2010

How much notice does an employer needs to give to employee regarding a change in benefits?

In the past years, the employer paid for the annual fee for 401k and this past week, the employees received individual invoice for the annual fee from the 401k company.

 
 
 
 
 
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Answer 1/1 - Submitted 2/23/2010

It's never nice to get a bill without any notice but I'd bet if you read the plan and fees, you'll probably see that the employer doesn't have to give any notice in changes from the administrator. It would be nice but I'd bet that the plan doesn't say anything to point.

 
 
 
 
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