What is the name of the disclosure required to be provided to plan sponsors by some service providers?

The correct answer is the 408(b)(2) Disclosure. This disclosure is critical as it pertains to the requirements set forth in the Employee Retirement Income Security Act (ERISA). Specifically, it mandates that service providers to retirement plans, including 401(k) plans, provide detailed information to plan sponsors about the fees and services they offer. This transparency helps plan sponsors understand the costs associated with their retirement plans and ensures they are able to fulfill their fiduciary responsibilities.

The 408(b)(2) Disclosure includes information about the types of services provided, the fees charged for those services, and potential conflicts of interest. This requirement is aimed at increasing transparency regarding fees in retirement plans so that plan sponsors can make informed decisions that are in the best interest of the participants.

While other disclosures such as the 404(a)(5) Disclosure also relate to fees and are important, they have a different focus and requirements. The 404(a)(5) pertains specifically to the disclosures that must be provided to plan participants about the plan's investments, rather than the requirements imposed on service providers to the plan itself. The other choices, including the 401(k) Fee Disclosure and the Section 403 Disclosure, do not accurately reflect the specific compliance requirement required for service