EBRI’s 2013 Retirement Confidence Survey found that only 53 % of defined contribution plan participants report having noticed fee disclosure information.
Only 7 % of all plan participants said they made changes to their investments as a result of the fee disclosures.
The few participants who made changes were most likely to move funds out of more expensive investments or to withdraw money from the plan.
The EBRI findings are available here.
The few participants who made changes were most likely to move funds out of more expensive investments or to withdraw money from the plan.
The EBRI findings are available here.
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