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Announcing the 401(k) Bill of Rights for Plan Sponsors and Plan Participants! The bills were created as part of The Online 401(k)’s public crusade to combat the excessive fee structure found in most 401(k) plans.
As Congress tries to cut through the clutter of often exorbitant and almost always ambiguous fee arrangements within retirement plans, we are taking aim at the same problem.
Chad Parks, CFP®, founder and CEO of The Online 401(k), says, "As providers and plan participants ourselves, we are outraged at the abuses in the industry. For plan participants, it is only fair to know what you are paying for participation and what impact those hidden fees have on the net return on their retirement savings."
View the Plan Participant’s Bill of Rights.
View the Plan Sponsor’s Bill of Rights.
See recent news articles about The Online 401(k)’s crusade against hidden 401(k) fees here!
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