http://www.mint.com/blog/investing/the-hidden-costs-of-your-401k/ The blog of the free, simple personal finance solution. Track all your spending automatically, find the best deals, save more money. And save the world. Wed, 06 Feb 2013 11:28:17 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://www.mint.com/blog/investing/the-hidden-costs-of-your-401k/comment-page-1/#comment-48003 401k Lover Sat, 24 Apr 2010 22:12:23 +0000 http://www.mint.com/blog/?p=10261#comment-48003 John How much should it cost for a company to offer a plan? Who do you think should pay for the benefit of having a 401k plan available? And did you really compare a plan that charges 4% which I assume includes some cost of the administration to an ETF at 20 bps? Does that 20 bps include the cost of recordkeeping, administration, etc? That's a rhetorical question, those who understand plans already know the answer. For the plan sponsors that are reading this could you suggest a recordkeeper/investment provider where the all in cost in a mere 20 bps? Suggesting an alternative seems more productive than just getting folks riled up about fees. If my employees starting barking at me about fees I will just cancel the plan. John
How much should it cost for a company to offer a plan? Who do you think should pay for the benefit of having a 401k plan available? And did you really compare a plan that charges 4% which I assume includes some cost of the administration to an ETF at 20 bps? Does that 20 bps include the cost of recordkeeping, administration, etc? That’s a rhetorical question, those who understand plans already know the answer. For the plan sponsors that are reading this could you suggest a recordkeeper/investment provider where the all in cost in a mere 20 bps? Suggesting an alternative seems more productive than just getting folks riled up about fees. If my employees starting barking at me about fees I will just cancel the plan.

]]> http://www.mint.com/blog/investing/the-hidden-costs-of-your-401k/comment-page-1/#comment-47994 Peter Sat, 24 Apr 2010 10:38:28 +0000 http://www.mint.com/blog/?p=10261#comment-47994 What bothers me is the brokers make their money whether the stocks grow or tank so they don't have anything to lose... What bothers me is the brokers make their money whether the stocks grow or tank so they don’t have anything to lose…

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