In a recent study conducted by AARP, plan participants were asked whether they pay fees for their 401(k) plan. Seven in ten (71%) reported that they did not pay any fees while less than a quarter (23%) said that they do pay fees.  Six percent stated that they did not know. Clearly, the lack of transparency in disclosing fees within 401(k) plans has created a massive misunderstanding – exactly as it was designed to do. All 401(k) plans charge fees – it’s simply a matter of hiding them or disclosing them.