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Calculating ADP 401(k) Fees Using Their 408(b)-2 Disclosure
Employee Fiduciary
[Opinion] Aug. 22, 2018 "One of the largest small business 401(k) providers in the country is the payroll company ADP.... [This article will encourage a] 401(k) plan sponsor to total their ADP fees and evaluate them for 'reasonableness' -- an important 401(k) fiduciary responsibility.... Step #1 -- Confirm the ADP 408-b2 disclosure covers all of your 401(k) fees ... Step #2 -- Total ADP's direct fees ... Step #3 -- Total ADP's revenue sharing payments." MORE >> |
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