The Proactive Solutions Blog

Fees Fees Fees

Posted by James F. Weber on 02.16.17

With the new rules regarding the fiduciary responsibilities of retirement plan trustees, it makes sense to request at least annually a complete detail of your plans administrative, custodial and management fees.

Historically with small plans fees could exceed 2% of the plans total assets. Currently, there are companies that provide these services for small plans for a significantly reduced amount.

Most companies do not evaluate fees as they are almost always paid by the plan.

Request a complete review of your plan’s fees today.