fees

Understanding Fee Equalization
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Fees in 401(k) and 403(b) plans can be complicated. Historically, fees have not been fully and simply disclosed, but the industry is evolving towards greater and more understandable disclosure. Simply put, there are two basic types of fees: administrative and investment-related. The investment-related fees are deducted from earnings on participant accounts and will vary from  Read More →
Fiduciary Hot Topics – Winter 2022
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
As we settle into the new year, we will continue to see plenty of new developments within the retirement plan landscape. Read on for a snapshot of current hot topics. Public Pension Plans Hope to Increase Returns by Taking on More Investment Risk through “Alternative Investments” Public pension plans today face a significant funding gap.  Read More →
The Biggest Bang for Your Buck: Negotiating Retirement Plan Fees
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
According to plan sponsors, one of the most harrowing aspects of their fiduciary obligations is to ensure that plan fees are reasonable. However, it is also one of their primary responsibilities. From administration and recordkeeping fees to compliance charges and investment management expenses, how can a plan sponsor feel assured that they are aware of  Read More →

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