amend Department of Labor Regulation section 2550.404c–5(e)(4)(iv)(B) so that, in the case of a plan described in section 401(k)(11)(E) of such Code, four years shall be substituted for 120 days . (3) Clarifying duties and reducing burdens for multiple employer plans Within one year after the date of the enactment of this Act, the Secretary of Labor shall— (A) publish rules clarifying the extent to which the fiduciary duties, if any, of a participating employer fiduciary with respect to a plan that consists of individual retirement accounts described in section 413(c) of employees covered by the plan fail to take such Code are limited to— (i) the selection and monitoring of such employers for the named fiduciary