Does knowledge matter if it can't be used? Here's an easy way to constructively utilize fee disclosure data.
By Chris Carosa|October 03, 2012 at 07:04 AM
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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.
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