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Released: March 01, 2013
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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