New fee disclosure regulations could put pressure on popular asset managers that control trillions of dollars in 401(k) plans.
According to an analyst at Moody's, once plan sponsors know exactly what they're paying for, the reaction may shake up the defined contribution market.
"As people start to process and consider what it costs to run a 401(k) plan, it might make them change their choices in terms of what they offer their beneficiaries. That in turn could change the supply and demand of money management services," said Neil Epstein, vice president-senior credit officer at Moody's Investors Service.
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