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Top Ten Reasons Why 401(k) Participant Fee Disclosure Hurts Employees' Retirement Prospects
Fiduciary News; registration may be required 
Apr. 14, 2015
"It encourages emotional decision making, a.k.a., the 'I never paid fees before. Why should I pay fees now?' myth ... It gives the appearance of the fees have the 401k equivalent of the 'Good Housekeeping Seal of Approval' ... Disclosure is either ignored or misunderstood ... It can discourage saving ... It can cause the employee to forgo free money ... It encourages the fallacy of 'cheaper is better' leading to worse service ... Fees are not reported with any context ... It takes the 401k plan participant's eye off the ball ... If plan sponsors don't understand 401k fees, how can we expect plan participants to understand 401k fees? ... It emphasizes the wrong thing."
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