4 pages. "With the decline of defined benefit plans, 401(k) plans have become the primary retirement plan for millions of Americans. Accordingly, it is more important than ever to take appropriate steps to ensure that 401(k) plans provide Americans with retirement security. The goal of the American Benefits Council is an effective 401(k) system that functions in a transparent manner and provides meaningful benefits at reasonable fee levels. At the same time, we must bear in mind that unnecessary burdens and costs imposed on these plans will slow their growth and reduce participants' benefits."  MORE >>