401K Plan Fee Disclosure – Let the Games Begin

Posted by Albert Sica on Jan 13, 2012 5:00:09 PM

The recent article in CFO magazine highlights a potential mine field for employers. In mid 2011, I wrote about the subject, the reasonableness of plan fees and the fiduciary responsibility sponsors have for their prudent management.  Shortly, the Department of Labor will require specific fee disclosures which may send shock waves to participants already depressed at lackluster returns.

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Topics: 401(k), Fiduciary Liability, Risk Management Blog

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