The Big Loophole in the DOL Fee Disclosure Regulations

4 Pages Posted: 26 Oct 2012 Last revised: 21 Dec 2012

Date Written: October 26, 2012

Abstract

401(k) fee disclosure has a big loophole in one of the largest asset classes. Stable value, or guaranteed funds, typically constitute 10-40% of assets in most 401(k) plans and have varied and complex structures which complicate fee disclosure. Billions of dollars in what I call spread based fees remain undisclosed under the new US Department of Labor (DOL) fee disclosure rules.

Keywords: 401(k), DOL, Stable Value

JEL Classification: G22, G23, G28

Suggested Citation

Tobe, Christopher B., The Big Loophole in the DOL Fee Disclosure Regulations (October 26, 2012). Available at SSRN: https://ssrn.com/abstract=2167341 or http://dx.doi.org/10.2139/ssrn.2167341

Christopher B. Tobe (Contact Author)

Hackett Robertson Tobe ( email )

2021 Lakeshore Drive Suite 200 , LA 70122
New Orleans, LA LA 70122
United States

HOME PAGE: http://https://www.hackett-group.com/

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