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Be careful of 401(k) fees, advises SEC

Transparency in 401(k) fees has been a major topic for more than a year. As more light has been shed on them, some plan sponsors have been able to get them lowered.

By Dan Berman | Updated on February 21, 2014

The Securities and Exchange Commission issued a bulletin warning investors to be aware of just how much fees they are charged on investments, including those levied on 401(k)s and other retirement vehicles, could cost them.

Transparency in 401(k) fees has been a major topic for more than a year. As more light has been shed on them, some plan sponsors have been able to get them lowered, but overall disclosure rules have had little effect on participants’ knowledge of them.

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