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Is Your 457(b) or 401(a) Plan Fee Allocation Fair and Reasonable?
Best Best & Krieger LLPLink to more items from this source
July 8, 2021

"If one accepts the characterization of day-to-day recordkeeping ... as primarily an accounting function ... why shouldn't these services be paid for on a per account (or per capita) basis? ... If your plan, like most plans, uses its independent investment advisor to choose, or help you choose, your investment line-up, don't these services benefit all participants equally? ... [If] your plan has 20% to 40% of the plan assets invested in the stable fund option, are the participants invested in this option paying a disproportionate share of the overall recordkeeping fees?"

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