Fee transparency in defined-contribution plans

Do you know what fees you're paying with your 401K? Did you know that plan providers aren't required to disclose all service fees with the plans they administer? Legislation is before Congress to force fee disclosures, and it has become controversial. On one side, consumer advocates say that it just makes sense, but business interests claim it will only serve to drive up costs and confuse investors. Here's more from Governing magazine.