I have good news and bad. Which do you want first?
Never mind. Let's start with something positive: According to new figures from the Investment Company Institute, 401(k) plan costs dropped 10 basis points, from 49 to 39 between 2009 and 2012.
It's too bad we don't have more updated numbers to share, because I'd bet expenses dropped even more after the Department of Labor's fee disclosure rules of 2012.
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