> When mutual funds share revenue with plan administrators, employees get higher costs and lower performance

Capitalism is optimizing money extraction. Why make better products or give better service at better cost when it is possible to just lie to the public and steal their money?

While the USSR created state monopolies the USA broke theirs creating competition and wealth for everybody. In the current political climate, USA politicians profit economically from all kind of monopolies and cartels following the steps of the failed USSR.

Market capitalism cannot exist without goverment regulations. But voters have been misled to think that any regulation is communism and radicalized to accept the new billionaires as saviors instead of the problem.

You’re getting ripped off if you pay more than 0.04% for an index fund or more than 0.08% for a target date fund in your 401K.