I recently attended a conference in New York City featuring some leading financial services technology providers. For my retirement planning audience here at About.com, one seemed immediately worth sharing: Brightscope.
Free for consumers like you to use, Brightscope allows for a "Morningstar-like" visibility into your corporate retirement plan. While not every plan has been analyzed, the database is already quite extensive and continues to grow. Use the database it to compare your current employer's plan to an old plan or even, one day, to a potential new employer's plan.
Information is power and Brighscope is doing a great deal of work to increase transparency in your fund options and fees. Given that you often have very little say as to what you are offered, this is an important initiative.
Remember, you are the eventual retiree to whom the burden of retirement has, in a not so subtle way, been shifted. Take a few minutes to look at Brightscope and share your thoughts and/or recommendations.
