Little reaction to 401(k) fee disclosure

 

Source: Christine Dugas, USA Today

When workers finally received a statement explaining their 401(k) plan fees last year, plan sponsors were geared up for a deluge of questions.

But, in fact, call centers were not ringing off the hook and the long-awaited fee disclosure statements seem to have been a non-event.

"We're seeing very little reaction overall," says Alison Salka, director of retirement research at LIMRA, an industry-sponsored group.

Read Full Article: Little reaction to 401(k) fee disclosure

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retirement, retirement accounts, 401ks

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