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40% of 401(k) Participants Say Fees a Mystery, GAO Reports
Pensions & Investments 
Aug. 27, 2021 " 'The GAO's findings are a wake-up call for the [DOL] and for consumers who have 401(k) plans,' said Rep. Robert C. 'Bobby' Scott, D-Va., chairman of the House Education and Labor Committee ... 'This report is clear evidence that the [DOL] should require plan providers to make fee disclosures easier to understand and ensure that participants are fully informed about how these fees impact their savings.' " MORE >> |
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