Compass
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Fees for Mutual Funds in 401(k) Plans Continue to Fall
Pensions & Investments June 12, 2013 "The average expense ratio for each of three mutual fund categories -- equity, bond and hybrid -- fell to their respective lowest levels in 2012 as measured against the last 15 years of data compiled by ICI ... The average expense ratio for equity funds dropped to 63 basis points from 65 in 2011, and the average expense ratio for bond funds fell to 50 basis points from 52 in 2011. The average expense ratio for [target-date funds and balanced funds] declined to 59 basis points from 61 basis points." |
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