The Smaller The 401(k) Plan, The Bigger The Problems

My latest article on JDSupra can be found here.

This entry was posted in 401(k) Plans, Retirement Plans. Bookmark the permalink.

2 Responses to The Smaller The 401(k) Plan, The Bigger The Problems

  1. LR says:

    I like this piece, although why do you lump “insurance based platforms” with bundled providers as inferior? Most national 401(k) insurance based platforms have done away with excessive wrap fees and outlandish mutual fund revenue sharing arrangements. Do you really maintain that all insurance based 401(k) platforms are inferior to registered products? (I have seen registered products that are more expensive than insurance products in some instances.)

    • admin says:

      The insurance providers have cut back on the excess in fees, but it’s still there. I have no problems with them on the low asset sized plan, my only problem is that the plan sponsor and broker think they are paying no wrap fee and I do believe they pay excessive fees when the plans are larger.

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