The Wall Street Journal: A New Fight Breaks Out Over 401(k) Fees

May 10, 2019

Investors have reaped big savings as fees have fallen in 401(k)-style retirement plans. But two recent lawsuits have claimed some financial-services companies tried to generate revenue beyond traditional administrative fees, sometimes at consumers’ expense.

One recently settled lawsuit contended employers should have protected employees from plan administrators using their information to sell them products.

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