Your retirement plan could do a better job explaining 401(k) fees

September 1, 2021

The GAO asked folks to review a fee disclosure note that was supposed to provide some clarity to plan participants. But it’s all in how you present the information. For example, survey participants were asked: If your investment fund’s expenses are $4 each quarter per $1,000 invested, how much are your expenses for a $15,000 investment in that quarter, assuming that the amount of the investment doesn’t change?”