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|Excessive 401(k) Costs Will Trigger a Litigation Tsunami for Plan Sponsors|
Mar. 31, 2005
Excerpt: Business as usual for plan sponsors is likely to lead to trouble when it comes to 401(k) costs. Unbeknownst to most plan sponsors, they have few defenses if they fail to investigate and prudently minimize costs charged to plan participants. Based on the inattention paid by most plan sponsors to this area, a litigation wave is likely.
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