Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Director of Regulatory Affairs

Health Plans Inc
(Westborough MA)

Health Plans Inc logo

Retirement Plan Administrator


SPS logo

Retirement Plan Administrator

Steidle Pension Solutions, LLC
(Lebanon NJ)

Steidle Pension Solutions, LLC logo

Retirement Plan Consultant

DWC - The 401(k) Experts

DWC - The 401(k) Experts logo

Senior Plan Consultant

Jocelyn Pension Consulting
(Telecommute / San Rafael CA / Boulder CO)

Jocelyn Pension Consulting logo

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn

<< Previous news item   |   Next news item >>

Retirement Plan Fee Disclosure Is Game of Hide-and-Seek
Institutional Investor Link to more items from this source
Feb. 13, 2014
"The fee burden ... that thousands of employees take on when they are encouraged to defer part of their salary into company-offered retirement plans is not likely to go away any time soon.... According to an April 2012 report by the [GAO] nearly 90 percent of employers surveyed either had not assessed their plan fees using [DOL] resources or did not know their fee levels.... This is not how things were supposed to be after the DOL brought out its fee disclosure regulation... following years of criticism about high fees from a range of stakeholders, including investor groups and the GAO. This latest regulation is likely to be just another step on the long journey to a rationalized retirement income system in the U.S."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020, Inc.