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Pro-Rata Participant Fees and Fee Transparency: A Recordkeeper's Conundrum
RPG Consultants Link to more items from this source
Aug. 9, 2017
"Pro-rata deductions are used to ensure that participants with a lower account balance do not get charged a greater percentage of their balance than another participant with a higher account balance. In terms of fee fairness, pro-rata fees will ensure that all participant fees are reasonable based on their account balance. In terms of fee clarity, a participant will never be able to verify or calculate their pro-rata fee, since they are only aware of their individual account balance and not the balances of other participants."

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