X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Most agree there are problems in the 401(k) world. Certain types of plans (mostly small ones) don’t have the clout to negotiate fees as favorable as their larger brethren. Certain types of investment options (notably those involving annuities and collective trust funds) do not disclose vital information as vigorously as their mutual fund counterparts (mostly because the latter are required by law to report while the former are not). Certain types of mutual funds charge certain fees (namely 12b-1 and revenue sharing fees), that have a directly negative impact on fund performance versus those that don’t. Certain types of service providers (namely non-fiduciaries) can legally place a plan into investments against that plan’s best interests.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.