In the Old Testament, on the first day there was light and that started the creation of the world. On April 1, 2012, the world of retirement plans finally leaves the world of darkness and embarks on a new world of light when fee disclosure regulations become effective. Unless there is an 11th hour delay, these regulations will cause a fundamental change to the industry and in the nature of how plan sponsors implement and maintain their retirement plans. The only problem is that most plan sponsors don’t understand what fee disclosure will mean to them especially when it comes to the added responsibility it will entail. So this article is designed to help plan sponsors like you understand the new fee disclosure regulations and how to deal with it.