Without conflict-of-interest fees like 12b-1 fees and revenue sharing, the world becomes a lot simpler for 401k plan sponsors and a lot safer for plan participants.
They say less is more, and nowhere is that more true than in 401k participant fee disclosure.
If fee disclosure is a disease, education is the cure.
Who needs fee disclosure when you have Jerry Schlichter?
In some distant future, what fossilized evidence of poor judgment will come back to haunt unsuspecting 401k plan sponsors.
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