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Seven Year Streak of Falling Corporate DC Plan Fees Ends
Chief Investment Officer [CIO]
Sept. 5, 2017
"[D]efined contribution plans have a median record keeper, trust, and custody fee of $59 per participant, up from $57 in 2016. The asset-weighted average expense ratio for defined contribution plans is currently 0.41%, which was a shade under the 0.42% ratio reported in [2016] ... However, both the median fee and average expense ratio have dropped substantially since ... 2006, when fees were $118 per participant and the expense ratio was 0.57%."
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