Keep the Information Flowing
Small contributions go a long way. Your donation to Consumer Action, a 501 (c)(3) nonprofit, nonpartisan organization, can help us cover the cost of research, writing, and translation of our materials. To keep our services free for those who need them. Select an amount to give.
Released: September 17, 2011
Spotlighting 401(k) plans, thanklessly
Source: Ron Lieber, The New York Times
SAN DIEGO — Up the stairs from the Chicken of the Sea offices in the northern reaches of this city, two brothers and about three dozen of their employees mine databases in a fledgling effort to help Americans retire a little sooner and manage their money a little better. In 2009, Mike and Ryan Alfred, now 30 and 28 years old, introduced a rating for most of the big 401(k) plans and gave poor scores to many of them. In Act 2, the brothers and their company, BrightScope, put the names and disciplinary records of thousands of stockbrokers and investment advisers up on the Web where anyone could find them.Read Full Article: Spotlighting 401(k) plans, thanklessly
Quick Menu
Support Consumer Action
Join Our Email List
Consumer Help Desk
- Help Desk
- Submit Your Complaints
- Presente su queja
- Frequently Asked Questions
- Links to Consumer Resources
- Consumer Service Guide (CSG)
- Alerts
- Consumer Booknotes