In Defense of Participant-Based Fees
Per participant pricing in a 401(k) is a more fair way to charge than asset based fees.
Read MoreCategory Archives: Fees
BIG DATA Comes to 401(k) Plans
The Vanderbilt case calls cross-selling into serious question. So much for participant data mining!
Read MoreHave I Got a Plan for You!
Why some advisors push particular 401(k) service providers over others.
Read MoreTrick or Treat – How does that fund wind up on the platform?
You’ll be surprised at how a given mutual fund winds up on a 401(k) service provider’s platform!
Read MoreInsurance Products Still Have a Long Way to Go!
Insurance company retirement products are still plagued with arcane revenue sharing arrangements.
Read MoreRevenue Sharing – The Horse and Buggy of the Retirement Plan
A free 401(k) plan? Sure, provided there is revenue sharing.
Read MoreFidelity Channels Their Inner Frank Zappa
Should you really have to pay extra to have a certain fund family available in your 401(k) plan menu?
Read MoreFees: Not the What, but the How.
To be sure, fees are one of the most ubiquitous topics in the retirement plan industry today. Googling some variation of “401(k)” and “fees” yields anywhere from 700,000 to over 10 million hits. How to allocate those fees, is not as common, but it is an important issue. There is no ERISA statute governing how
Read MoreOf Lawsuits and Share Classes
T. Rowe Price has become the latest target in a lawsuit accusation of self-dealing. A former employee has accused the Maryland based money manager of offering expensive, retail share classes to their 401(k) participant/employees when other, less expensive share classes existed. These higher cost funds caused participants to pay over $27 million more in fees
Read MoreRollover your old 401(k)? Not so fast . . .
We’ve heard it so many times that is seems like common sense – but is it? Should you roll that old 401(k) balance into an IRA?
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