The Coming Fracas Over Fees

401(k) Pension Plan Vendors Raise Fees

by Mary Rowland

from Institutional Investor, March, 1996
partial reprint; contact US Newswire for complete text

EXCERPT:

"Vendors are hiking 401(k) costs -- and plan participants are footing the bill."

OTHER POINTS:

-- Companies are "saddling" their employees with "crippling fees" in passing rising 401(k) costs on to plan participants.

-- Sponsors aren't trying to negotiate lower fees for participants.

-- Author contends high asset management plus high administration fees being passed onto plan participants will boomerang.

For complete text, contact Institutional Investor.