401K lawsuits have increased almost 25% each of the past 3 years by employees who are dissatisfied with their 401K fees. Bechtel Corporation, Kraft Foods, Caterpillar, Walmart, and more are defending themselves against 401K lawsuits from employees suing over an alleged breach of fiduciary duty by their employers to provide a plan without excessive fees.
With new fee disclosure regulations enacted by the Department of Labor effective on January 1, 2012, will your employees see excessive plan fees on their statements and sue?
Know the Top Five 401K Service Provider Hidden Tricks
Download Price Capital’s free, provocative whitepaper today. It exposes how 401K service providers can provide plans that appear to be low fee, yet STILL charge high fees to employees in hidden ways.
It’s your responsibility as a plan fiduciary to provide employees with a low fee plan. You can’t afford to not read this immediately.
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