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401(k) Plans Step into the Sunshine with New DOL Rules Requiring Fee Disclosures
The Wall Street Journal; subscription may be required
Jan. 31, 2012
Analysts and companies in the industry say the increased disclosure will allow companies to negotiate better deals and employees to request more cost-efficient plans. Already, the prospect 'is putting downward pressure on fees,' said [the] leader of consulting firm Callan Associates Inc.'s defined-contribution practice.
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