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Some 40% of 401(k) plan participants do not fully understand and find it hard to use the fee information that the U.S. Department of Labor requires plans to provide to participants in fee disclosures, according to a report from the Government Accountability Office.

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Michael S. Fischer

Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.