Rightfully so, 401(k) fees are coming under increased scrutiny lately. Back in late April, PBS Frontline presented “The Retirement Gamble” (in our Recommendations section) which noted that retirement is big business in America as there is a lot of money at stake. High management fees for mutual funds can put a serious dent in investor’s retirement accounts. Now, Yale University professor Ian Ayres has gathered data regarding plan costs of nearly 50,000 companies and intends to publish his research in spring 2014. Every indication is that the report will be damning
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Published on November 23, 2013 04:00