Compass
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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401(k) Mutual Funds: Pay Attention to Share Class!
Employee Fiduciary May 1, 2019
"[E]mployers have a fiduciary responsibility to choose the lowest-priced share class available to their 401(k) plan -- so participant investment returns aren't reduced unnecessarily by avoidable fees. To meet this fiduciary responsibility, employers must be capable of evaluating share class fee differences. This capability can often be obtained with some basic education. Further, these differences are usually obvious in a mutual fund's prospectus."
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