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401(k) Plan Basics and Fees

• 401(k) Plan Fees - Overview

  • The basics of 401(k) fees. Who pays them and what services are involved?

• How Service Providers Get Paid from Plan Assets

  • Plan expenses are often deducted from employee accounts. Find out how and why, and what to watch for.

• Revenue Sharing and Invisible Fees

  • You might not write a check, but somebody still pays for variety of services. Learn how fees may be split and how to identify invisible fees.

• 401(k) Account Fees

  • Details on the types of fee charged to 401(k) accounts. These are fees paid by employees or "participants."

Disclosure of Retirement Plan Fees

• Finding 401(k) Fees

  • Where to find information on your plan's fees. What do various disclosures and reports tell you?

• Employer Fee Disclosure - 408(b)(2)

  • Employers are required to understand their plan's fees. Why is it so difficult and what information is provided to them?

• Employee Fee Disclosure - 404(a)(5)

  • Participants in retirement plans should know how much they pay.

Key Service Providers for Retirement Plans

• 401(k) Plan Advisors

  • What does a financial advisor do for a 401(k) plan? How are they paid?

• 401(k) Plan Administrators

  • Plan administration and Third Party Administrators (TPAs) are necessary for keeping the plan in compliance.

• 401(k) Plan Recordkeeping

  • Recordkeepers track assets in the plan and provide other services to participants.

• Bundled 401(k) Plans

  • What are the pros and cons of using a bundled plan, and how do the costs differ?

• Partner With Us

  • We work with employers, financial advisors, and service providers to make sure fees are in line and everybody stays happy.