BrightScope's Response to the ICI

We would like to thank the ICI for formally responding to BrightScope’s concerns about their recent fee study. We shared those concerns  in our recent blog post. We encourage our readers to read the ICI response in its entirety before proceeding with this post. One of BrightScope’s goals is to bring full transparency to the 401k marketplace and help plan …

Reconciling the 401k Fee Estimates of the ICI and its Critics

In April, the Investment Company Institute (ICI) released a 401(k) fee survey entitled “Inside the Structure of Defined Contribution/401(k) Plan Fees: A Study Assessing the Mechanics of What Drives the ‘All-In’ Fee.”  ICI chairman John Murphy* has begun using the median fee from this survey  – 0.72% – as evidence that fees in the entire 401k marketplace are “quite a …

A Case Study in Working with BrightScope

In the last few months BrightScope has worked closely with numerous plan sponsors to update their information in our database in order to ensure their plans are accurately portrayed on BrightScope.com.  We learn from each of these interactions and felt it was appropriate to highlight a plan sponsor success story. Recently we have been working closely with the National Rural …