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Total money market mutual fund assets increased by $3.93 billion to $2.687 trillion for the week ended Wednesday, July 6, the Investment Company Institute reports

A report released June 29 by the Investment Company Institute found that 401(k) participants paid lower expense ratios on stock mutual funds in 2010 than in 2009.

The combined assets of the nation’s mutual funds decreased by $70.7 billion, or 0.6 percent, to $12.403 trillion in May, according to the Investment Company Institute’s official survey of the mutual fund industry.

According to new research from McKinsey & Co., it will take the United States until 2016 to replace the 7 million jobs that were lost during the 2008-09 recession. And to gain full employment—finding work for the unemployed and accommodating the 15 million Americans expected to enter the labor force...

Plain and simple, today's health care costs in the United States are too high. In 2008, they amounted to about $2.2 trillion or 16.2 percent of the gross national product. The average per employee cost for health care was $9,144, up 8 percent from 2007.

Total money market mutual fund assets fell $34.37 billion to $2.708 trillion for the week ended Wednesday, the Investment Company Institute said Thursday.

Retirement planning officials take note: The Obama administration is ramping up enforcement efforts to combat the large number of retirement plans that it says are not compliant with retirement planning rules and regulations.

I’ve talked to dozens of HR pros who tell me one of their biggest concerns these days is having employees who can’t retire because they haven’t saved enough. It seems to be growing clearer three years after the recession that this could be a potential black hole for plan sponsors.