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How MEPs Signal a Broken 401(k) Industry
Employee Fiduciary Link to more items from this source
[Opinion]
Oct. 30, 2019

"A straightforward and transparent 401(k) plan has three features -- flat administration fees, passively-managed index funds, and basic administrative tasks for the employer to complete.... The problem with straightforward and transparent 401(k) plans? There's little profit in them.... [T]he push for MEPs signals a broken 401(k) industry that prioritizes profit ahead of the interests of retirement savers."

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