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12b-1 Fees and Revenue Sharing Add to 401(k) Plan Sponsor Fiduciary Liability Woes
Fiduciary News; free registration requiredLink to more items from this source
Mar. 24, 2015
"There is a growing consensus that ... no matter their original attributes, 12b-1 fees should be relegated to the 401k history museum.... [O]nly about 10% of 401k plans continue to use 12b-1 fees.... 87% of 401k plans contain funds exposed to revenue sharing.... With fee disclosure now more than two years old and in anticipation of the DOL's new conflict-of-interest rule, plan sponsors are quickly moving away from the old 12b-1/revenue sharing model."

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