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The New 401(k) Argument: Vanguard Costs Too Much
Morningstar Link to more items from this source
Jan. 8, 2016

"As the low-hanging fruit becomes plucked, plaintiffs must stretch further with their complaints. The Anthem case is particularly bold, setting three precedents for 401(k) lawsuits. To start, Vanguard funds are accused of being too expensive.... The second precedent is that four of the cited funds are indexed.... The third and final claim ... is the boldest. The suit suggests that even switching to the cheapest available institutional share class may be insufficient."  MORE >>

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