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Beating Back High Fees in 401(k) Plans
The Wall Street Journal; subscription may be required Link to more items from this source
Mar. 12, 2010
Excerpt: Amid a market downturn that wiped one third of 401(k) savings off the books, fees are a new focus at kitchen tables, in courts and Congress. In the 12 months following the market's peak in October 2007, stock holdings in 401(k)s and other defined-contribution plans lost more than $1 trillion in value .... And over a 30-year career, an extra 0.5% annual fee can slash a nest egg's purchasing power at the time of retirement by more than 12%[.]

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