Questions tagged [401k]

Martina Fri Sep 06 2024 | 7 answers 1428

I'm curious about the cost associated with 401k record keeping fees. Could you provide some insight into the average amount that investors typically pay for these services? Additionally, what factors might influence the fee amount, and are there any ways to minimize or negotiate these costs? Understanding these details would be helpful in making informed decisions about my retirement savings plan.

Bianca Fri Sep 06 2024 | 5 answers 1234

Good day, I'm curious about the fees associated with a 401k plan. I understand that these fees can vary greatly, but I'm wondering what would be considered a good or reasonable fee for a 401k plan? Are there any specific fees that I should be looking out for or avoiding? Additionally, how can I determine if the fees I'm being charged are fair and in line with industry standards? Thank you for your insights.

EnchantedSky Fri Sep 06 2024 | 5 answers 1329

Could you please elaborate on the fees you're being charged on your 401k? Are these administrative fees, investment fees, or both? Are the fees charged as a percentage of your assets or a flat fee? Understanding the types and sources of these fees can help you determine if they're reasonable and necessary for the management of your retirement savings. Additionally, are there any ways to minimize or eliminate these fees?

Chiara Thu Sep 05 2024 | 5 answers 1069

How can I ensure that I'm minimizing the fees associated with my 401k plan? Are there any specific steps I can take to reduce the costs of managing my retirement fund? Are there any hidden fees that I should be aware of? Are there any advantages to selecting certain investment options over others in terms of reducing fees? Can I negotiate with my employer to reduce the fees associated with the plan? What role does my employer play in determining the fees I pay? Is there a way to compare the fees of different 401k plans to find the most cost-effective option?

Alessandro Thu Sep 05 2024 | 5 answers 816

Could you please clarify what the average 401k fee typically entails? I'm curious to know if there's a standard rate that investors can expect to pay, or if it varies significantly depending on factors such as the size of the account, the investment options offered, and the service provider. Additionally, I'd like to understand if there are any hidden fees that investors should be aware of when it comes to managing their 401k accounts. Could you provide a concise overview of the typical fees associated with a 401k plan?