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2 responses to “401k Fees That Shouldn’t Matter”

  1. Roger Wohlner

    To a point I agree with Paul’s comments. Where I disagree is where a Plan has only choices with funds that tend to have higher than average fees. I tend to see this in some insurance company provided plans where the funds may have high fees steming from generally higher 12b-1 fees, asset charges tacked on by the provider, etc. In this case the sponsor ought to either negotiate on fees (asset charges in this case) or look for another provider with robust menu of fund choices that hopefully includes some lower cost options.

    Fees are not the end-all be-all, but they are an important component of a well-run plan. I’ve worked with a number of plans over the years where once the sponsor knew the right questions to ask, they were often able to negotiate lower plan fees in some areas.

  2. FIDUCIARY NEWS: What is an Appropriate Fee that a 401k Plan Should Pay? | www.KLEOSSUM.com

    […] 401k Fees That Matter vs. 401k Fees That Shouldn’t Matter […]

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