The United States Government Accountability Office (GAO) released a report on the impact of Department of Labor Regulations (DOL).
The report involved talking to plan sponsors and plan providers. It stated the obvious impact of fee disclosure regulations that were implemented in 2012: fee disclosure is one factor that has led to a decrease in 401(k) fees. That’s really the obvious and unliked many critics, I knew that fee disclosure regulations wouldn’t cause the sky to fall.
