There are some philosophical questions that just can't be answered. "If a tree falls in the forest, would anyone hear it?" "What if you threw a party and no one came?" "If you disclose 401(k) fees to participants and they can't do anything about it, does disclosure matter?"
The popular media simply loves to write stories about the fees paid by 401(k) plans and their participants. Its only natural they've been delighted by the DOL's Fee Disclosure Rule (408(b)-2) that became effective July first of this year.
Sometimes they go so far as to imply it's better to pay no fee at all. Of course, we all know why this isn't in the client's best interest (and if you don't know why, then read "What's a Fair Fee to Pay a Fiduciary").
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