The New Upcoming 401(K) Fee Disclosures: Will They Solve One Problem, While Creating Several Others?

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The New Upcoming 401(K) Fee Disclosures: Will They Solve One Problem, While Creating Several Others?

If you invest in a 401(k) plan at work, your end of third quarter (September) statement is going to contain a surprise. That surprise is going to be that many of the costs that you’ve been paying for some time,are going to see the light of day. For many employees, and even some employers, who thought they were getting these services for «free» this disclosure is going to cause sensory overload, and I’m sure many HR Departments are steeling their nerves for some nasty, to flat out irate, phone calls.

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