Tuesday, June 12, 2012

401k fee disclosure

  • NEW YORK, June 11 (Reuters) - Employers, advisers and fund companies are bracing themselves for a flood of calls this fall when participants in 401(k) plans learn for the first time just how much they paid in fees the previous quarter.
  • (Huffington Post)
  • You're about to learn how much you're paying just to maintain that account. New Labor Department rules will require fuller disclosure about the fees charged on 401(k)'s.
  • (CNBC)
  • Do you know how much your 401k is costing you? I would wager not according to the report. While reforms like the fee disclosure rules from the U.S.
  • (Forbes)
  • For example, fees average 1.3% for a small plan with 100 participants and $5 million in assets and 1.
  • (Detroit Free Press)
  • It also says he received a salary from Moore Van Allen law firm, a consultant fee from McCrory Company, an honorarium form the Tulsa Council of Governors, as well as owning a 401K plan.
  • (The News & Observer)
  • For example, fees average 1.3 percent for a small plan with 100 participants and $5 million in assets and 1.
  • (Olympian)

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