Recovering Fees and Commissions For Your Participants

[Guest Charles Friday]

Often times the mutual funds that your plan is investing in are paying fees and commissions to brokers and/or other types of "interested parties" (recordkeepers, etc.) My firm in in the business of identifying these fees and commissions, collecting them, and then rebating the majority of the BACK to the trust. These rebates may be used to offset expenses of the trust, provide for participant education, etc. Many sponsors are very surprised at how much money brokers/etc. are making on their plan, often in return for little or no service. Many sponsors also use "no-load" funds to avoid excessive commissions, but often fees can be found on these funds.

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1-800-693-7800

cfriday@macg.com