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All too often pension-plan participants (employees and retirees) are left in the dark about the fees and expenses associated with the mutual funds selected for their company’s plan, whether it is a 401(k) savings plan or otherwise. Unlike general market fluctuations, employers can control these fees and expenses. In fact, the exercise of such control is required under federal law. Depending upon the size of a company’s plan, both in number of participants as well as its assets, a company may have access to the institutional investment market. Such access will likely afford a company the opportunity to purchase investments with considerably lower fees compared to the retail market.