Tag: 401(k) fees; retirement planning

Employers may be legally required to reduce 401(k) plan fees

Aug 31, 2012

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by

tonynova

in Financial Planning

This excerpt on “What Plan Sponsors Can Learn from Tussey v. ABB, Inc.” comes from a marketing email from the 401(k) Coach Program. “The importance of understanding and upholding fiduciary duties is more critical than ever as recently demonstrated by the Tussey v. ABB, Inc. verdict. A judgment against ABB and its record keeper, administrator…