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DC Plans Trying Harder to Rein in Runaway Fees

Pensions & Investments Plan providers put under magnifying glass in effort to find, wring out unwanted excess When it switches providers in December, Playtex Inc. will save $500,000 over the course of the contract in fees that had been paid by its 401(k) participants. Julie Row, director of benefits at Westport, Conn.-based Playtex, said, "Our current vendor was making a …

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