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Executive Summary: Revenue Sharing in the 401(k) Marketplace (PDF)
McHenry Consulting Group
Sept. 11, 2001 "Revenue sharing is the 'big secret' of the retirement industry. This practice has created an environment that makes it hard for employers and employees to understand the true cost of their retirement services. Gross inequities can exist for both plan sponsors and participants. Revenue sharing is a blanket term for the practice of transferring 'soft' dollars between mutual funds and administration service providers who support 401(k) and other types of defined contribution plans." MORE >> |
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