401(k) Hidden Fees & Mismanagement 

Investigating a class action on behalf of 401(k) participants against plan managers for hidden fees and general mismanagement of the retirement fund. 401(k) plans allow employers to set aside pre-tax money to save for retirement.  Employers who manage these 401(k) plans have a fiduciary duty to safeguard their employees’ retirement accounts. Employers may be violating their fiduciary duties by failing to monitor 401(k) fees.  In addition to hidden fees, employers may be violating their fiduciary duty by investing in high-cost mutual funds.  If you or someone you know participates in a 401(k) and may have been charged hidden fees or subjected to general mismanagement of the plan, please contact us.

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