"The problem is that these surveys are aimed at the same people (plan sponsors) who necessitated the DOL to enact the new regulations in the first place. Unfortunately, many of these industry surveys ask the same people who are already clients to review their own performance.... [T]he same report also noted that over one-third (36%) of the plan sponsors surveyed believe that their Baby Boomer employees enrolled in their company retirement plans will work past the age of 65.... [But] if fees were reduced over the working careers of these employees, there is a good chance these same workers would not have to work past age 65 since their 401(k) accounts would be significantly larger."

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