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Best Practices for 401(k) Fees

10 steps to reduce risk and increase the value of your plan


Reprinted from Business NC Magazine - May 2015 Issue?

The recent implementation of the Department of Labor's three-part fee-disclosure regime not only accelerated the evolving 401(k) retirement-plan fee-litigation phenomenon, it also has increased transparency in the plan provider marketplace. As a result, retirement plan fiduciaries and participants are developing a better understanding of the fee structures and practices of plan service and investment providers. Another result of this greater transparency, perhaps not surprisingly, is a more competitive marketplace marked by falling fees. more...

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