401(k) Averages Book Shows Fees Are Still Falling

In terms of 401(k) books, one of the best for your practice is the 401(k) Averages Book. It’s like the Beckett Baseball Card Guide for 401(k) plans and is a great barometer in judging fees.

The new edition of the book shows that the average total plan cost for a small retirement plan (defined as 100 participants and $ 5million assets) declined from 1.24% to 1.23% over the past year.

The small plan with $5 million in assets costs 1.23%, while the plan with $50 million in assets is 0.91%. Most plans saw a year over year decrease in total investment costs of between 0.01% and 0.03%.

For further information, pick up a copy.

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