Fundsters interested in 401(k) plans, especially the popular target date fund vehicles, may want to take a look at the Saturday edition of the Wall Street Journal. Last week the Government Accountability Office issued a report [pdf] on with recommendations on how the Department of Labor should regulate target date funds (see The 401kWire, 2/23/2011), and Ian Salisbury reported on the wide range of fees charged by target date fund managers, from 18 basis points for the Vanguard Target Retirement funds to 168 bps for the Oppenheimer LifeCycle funds. 

Edited by: Neil Anderson, Managing Editor


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