I'm trying to understand the typical cost associated with custodial services. Specifically, I'm looking for the average custodial fee that is generally charged.
5 answers
SumoStrength
Fri Oct 25 2024
Asset-based expenses are determined by the amount of assets held within a plan.
Giulia
Fri Oct 25 2024
These expenses are often represented as percentages or basis points of the total plan assets.
IncheonBlues
Fri Oct 25 2024
Along with other fees, custodial fees are also usually included in this category.
Michele
Thu Oct 24 2024
The typical range for asset-based expenses is between 2-3% of the total plan assets.
Emanuele
Thu Oct 24 2024
However, these expenses can vary widely, ranging from as low as 0.08% to as high as 4% of the total plan assets.