The U.S. Department of Labor has required 401(k) plans to send an annual fee disclosure statement to 401(k) participants for the past three years. This document lists the costs and investment ...
When fee disclosures follow the letter of the law. Nov. 8, 2012— -- Quarterly 401(k) statements have always been vague at best regarding the fees that are being deducted from your accounts. New ...
401(k) disclosures provide detailed information about the fees and expenses associated with your retirement plan. The costs associated with a 401(k) can significantly impact your retirement savings ...
When it comes to fee disclosure statements, advisers need to consider what the regulator wants; what is expected from a legal viewpoint; and how disengaged clients are likely to react to the letter.