DC can have much higher aggregate costs than DB which is conveniently glossed over by its critics.
I'm not necessarily a DB advocate but self managed DC plans have huge fees going to banks and people like Slava (though not specifically Slava). The impact on retirees is huge, and amounts to billions in lost earnings. So I woudl that DC isn't some savior when compared to DB.
I would favour an Australian style government run DC system where participation is mostly mandatory and funds are pooled and managed to enact economies of scale on transaction costs. This looks like the best retirement program of any of the OECD countries.
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