Have a 401(k)? Help ProPublica Investigate What’s Really Happening to Your Money.

For some employees, the 401(k) system works great: They have easy access to low-cost funds with high returns. But many participants are stuck in investments with bloated fees and pay for costly advisory services on top — and may never know it because they’ve never scrutinized their plans’ disclosures. (If you’re worried this is you, our questionnaire below explains how you can check.) As we’ve reported , the Trump administration wants employers to include less-regulated “alternative” investments like private equity and cryptocurrency in 401(k) plans. To make that happen, the administration is changing regulations and pulling back on enforcement of the law that protects participants. ProPublica is taking this opportunity to investigate these changes and the broader 401(k) system. To do this reporting, we need detailed insight into what’s happening inside plans: what products financial services companies are pushing and what fees they are charging. Many of these details are not made public, but they are disclosed to plan participants. That’s why we need to hear from participants in these plans, employers (particularly small-business owners) and those with expertise in the industry. The more people we hear from, the better informed our reporting will be.  Note: We are not asking for anything that shows your account balances or personal information. If you have a 403(b) plan and work for a private, tax-exempt organization, we’d also like to hear from you. Our team may not be able to respond to everyone personally, but we will read everything you submit. We take your privacy seriously. We are gathering these materials for the purposes of our reporting and will contact you if we wish to publish any part.  If you would prefer to use an encrypted app, see our advice at ProPublica.org/tips . The post Have a 401(k)? Help ProPublica Investigate What’s Really Happening to Your Money. appeared first on ProPublica .