Plan sponsors report 1 percent reaction to fee disclosures

The watershed moment of participant response to 401(k) fee disclosure apparently failed to happen, according to the PSCA.

By Andy Stonehouse | Updated on November 09, 2012

Revolution in the streets may be a great soundbite for Donald Trump, but in the retirement planning business, the public outcry – or any reaction at all to recent 401(k) fee disclosures - appears to have been overestimated.

In fact, the Plan Sponsor Council of America’s October survey of fee disclosure’s impact on participants shows a 1.4 percent jump in the number of 401(k) investors who quizzed their plan sponsors about the details included in those disclosure statements.

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