401(k) plan management vs. fiduciary duties
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Description
Abstract: Fees charged by recordkeepers and asset managers for 401(k) plan services paid from plan assets have come under greater scrutiny in recent years. The Department of Labor (DOL) has released fee disclosure regulations and courts — from district courts all the way to the U.S. Supreme Court — have reviewed high-profile litigation over the issue. This article highlights a recent court case on the topic.
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