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Fixing the 401(k) System for Small Companies
John Rekenthaler in Morningstar
[Opinion] Dec. 5, 2017 "[S]mall-company plans face a structural handicap, one which the invisible hand has not grasped. To be sure, some providers, Vanguard most notably, now offer significantly cheaper small-company plans. But most small 401(k)s remain pricey. In addition, cost improvements do not help those employees who work at the 50% of small firms that lack a plan. Two simple legislative changes would lead to great improvement." MORE >> |
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