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Proposed Changes to 5500 Reporting Won't Help 401(k) Fee Benchmarking
Employee FiduciaryLink to more items from this source
Sept. 29, 2021

"Two changes would require large Form 5500 filers to report more 401(k) fee information.... [T]he Form 5500 should make it simple for plan fiduciaries and participants evaluate the reasonableness of their 401(k) fees. To do that, it must report the fee information necessary to develop reliable 401(k) fee benchmarks. Here is the additional information [the author would] like to see."

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