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Companies Being Sued by Employees Who Say That 401(k) Fees Are Too High, Not Being Properly Disclosed
CFO
Oct. 17, 2007
Excerpt: Even as Congress examines current 401(k) plan fee structures, companies may have plenty of incentive to revisit the issue now rather than wait for any resulting legislative changes. That incentive comes in the form of class-action lawsuits launched against a number of large companies, including Lockheed Martin, General Dynamics, Bechtel Group, and nearly a dozen others.
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