Inordinate plan costs can result in liability issues, disgruntled employees and reduced retirement benefits for both employees and plan sponsors. As a 401(k) Plan Sponsor, when is the last time that you benchmarked your 401(k) fees? Are your fees appropriate for the size of your plan and the level of service that you are receiving? Do you know what your total all-in plans costs truly are?
Do you quantify on an annual basis:
- Administration costs
- Recording-keeping costs
- Custodial costs
- Investment advisory costs
- Plan investment costs
If you are unaware of any of the above related costs, allow Rosemeyer Management Group to provide you with a free fee analysis of your plan.