AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Vanguard to Bring Price War to Small-Business Pensions Market
The Wall Street Journal; subscription may be required Mar. 17, 2015
"In just over two years since its launch, Vanguard's small-business products have amassed $6.7 billion in assets under management as at the end of 2014, split among 2,678 pension plans with 126,956 members. Several other large investment managers including Fidelity Investments, Principal Financial Group and T. Rowe Price compete in the same market.... Vanguard charges a fee of 0.5% to 0.7% to small firms. Small businesses should usually expect to pay 1% to 1.5% in annual management fees, plus flat fees, for a 401(k) plan ... Fees can range as high as 2% in some cases."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |