Products December 2, 2008

Money Manager Unveils DC Fee Product

December 2, 2008 (PLANSPONSOR.com) - A Norwalk, Connecticut-based institutional investment adviser has launched a tool providing plan sponsors with a new way to judge the level of fees and expenses they are paying for their defined contribution programs.
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Rocaton Investment Advisors announced the offering of its Rocaton Defined Contribution Fee and Expense Scorecard in a news release.

According to the announcement, the new product provides an analytical framework for breaking down expenses into their component parts by providing information regarding total plan expenses, including recordkeeping fees paid from all sources, revenue sharing from investment options, and a comparison of individual investment option expenses versus peers.

“Recent Department of Labor initiatives have sought to heighten disclosure of such fees and expenses, but not enough information is available to allow plan sponsors to understand the composition of these fees,” said David Katz, Partner of Rocaton Investment Advisors, in the news release. “Our new Scorecard puts this information at plan sponsors’ fingertips, allowing them to make more informed decisions.”

More information is at www.rocaton.com .

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