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High 401(k) Plan Fees Continue to Deplete Retirement Savings Balances
AccountingWEB.com 
Mar. 18, 2010
" 'Plan fees are eating up thousands of dollars of employees' retirement savings without them even knowing it,' said Alison Borland, retirement strategy leader at Hewitt Associates. 'As concern over employees' retirement income adequacy levels continues to grow, it's more important than ever for Congress to enact legislation that will provide employers and employees with an apples-to-apples comparison of the fees in their 401(k) plan. This will enable them to better understand the financial impact of these costs and, if necessary, take steps to reduce them.' "
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