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Clear Participant 401(k) Fee Communication Is Inevitable and Necessary
InvestmentNews in 401kHelpCenter.com
[Opinion] Nov. 13, 2007 Excerpt: Most participants think 401ks are free. That's probably because employees are accustomed to seeing price tags on things they buy - 401ks don't have price tags. A recent AARP survey found that 65 percent of 401k participants believed they pay no fees for their investments. Another 18 percent don't know if they pay. None of this comes as a surprise to industry leaders. MORE >> |
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