"You know those vast empires of wealth that have been built across the retirement industry by taking large fees out of 401(k) plans? That empire's fallen. Making a lot of money out of servicing 401(k) assets is now going to have to come from doing a better job, not from charging more for the same job. There's just too much risk in it for plan fiduciaries if they allow people to keep making a lot of money simply by charging a lot of fees to place or hold retirement assets, without providing additional benefit that warrants additional fees."  MORE >>