
401(k)s & Fiduciaries: Harmony or Catastrophe?––SFP
The world of qualified retirement plans has seen a tidal wave of interest from multiple sources over the past few years. 401(k) plans and 403(b) plans, in particular, have come under quite a bit of scrutiny by the regulators and legislators in Washington. Two new pieces of legislation, 408(b)(2) and 404(a)(5), that were enacted this summer, have brought retirement plan fees and investment costs under a microscope for both the organizations that sponsor these plans, as well as for their employees and plan participants. […]