Document Type
Blog Post
Publication Date
3-15-2016
Contents
Companies often hire third party administrators (TPAs) to manage their respective 401(k) plans. Some companies simply provide documentation and advice; however, other TPAs actually offer their own proprietary (in-house) funds as investment alternatives. New research () shows that these funds often carry higher fees and have lower returns, illustrating the impact of a conflict of interest. This is particularly pronounced for banks and insurance companies acting as TPAs.
Recommended Citation
Dolvin, Steven D., "Conflict of Interest in 401(k) Funds" (2016). All Chapters. 158.
https://digitalcommons.butler.edu/jmdallchapters/158