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401(k) Fee Study: 75% of Small Business Plans Pay 'Hidden' Fees
Employee FiduciaryLink to more items from this source
Apr. 28, 2021

"401(k) investment expenses dropped in recent years, while 401(k) administration fees remained steady.... 75.96% of plans paid 'hidden' administration fees -- in general, revenue sharing and wrap fees.... 9 of the top 10 highest-priced 401(k) providers in terms of per capita administration fees were insurance companies." [Includes a chart summarizing fees for 104 small business plans with less than $5 million in assets.]

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