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When it comes to our retirement accounts, especially the 401(k) plans, it is hard to figure out how our plan is doing compared to other plans. More importantly, one has to read through voluminous literature to find out the various charges and overhead fees involved. But a recent proposal by the Department of Labor, if approved, would put this information clearly in front of millions of 401(k) enrollees.

However, even if I know what are the fees and charges, how do I know if these are normal or an overkill? and how do I know which options are good and which are bad? In otherwords, how does a best of the best 401(k) plan look like, so I can measure my plan against that? This would be a natural question for anybody trying to make sense of their retirement plan options.

Well this same question was posed and answered by retirement plan experts and you can find more details about it in this recent article by MarketWatch, published in Yahoo!Finance.

Here are some of the important features of a good plan:

• Good Employer Matching
• Balanced range of good investment options
• An integrated view of your accounts, analysis and forecasting tools
• Auto-enrollment, auto-rebalancing options
• Managed accounts and
• Funds with Institutional pricing