Managing Retirement Plan Cost

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Managing Retirement Plan Cost
Blue Prairie Group via 401kHelpCenter.com

Jan. 25, 2006

Excerpt: Many plan sponsors assume their service providers have their best interest in mind. Service providers are for-profit companies whose main purpose is to maximize revenue for their organizations. The sooner plan sponsors understand basic service provider economics and begin to leverage their plan assets, the sooner they will drive down total plan costs and meet heir fiduciary responsibilities under ERISA.

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