Monday, June 23, 2008

Bloomberg Video on Hidden Fees in 401(k) Plans

http://www.blinkx.com/video/the-truth-behind-hidden-fees-in-401-k-plans/eRJhAzXCFV94aG1CH6pc_A

This is a great investigative report on how ridiculously high fees can really affect employees' 401(k) investments. Employers need to realize that some of them could get sued if they aren't aware of exactly how much they're paying for their plans.

Zubin J. Bomanshaw
Portfolio Manager
Integrity Investment Advisors, Inc.

1 comment:

Unknown said...

Greetings Mr. Bomanshaw,

How would I find out the fees in my own 401k? I get a statement every 6 months, but its not obvious.

--
Thaylor Harmor