
Your 401(k) Plan
May Cost You Too Much
by Randy Myers
from Nation's Business, September
1998
partial reprint; contact Nation's Business for complete
text
EXCERPT:
"...just because your employees
appreciate their 401(k) plan doesn't mean it's a bargain."
OTHER POINTS:
Nearly two-thirds of
Americans rely on 401(k) plans and other employer-sponsored retirement
programs as their primary source of retirement funds.
401(k) fees vary widely:
a plan with 25 participants and $750,000 in assets, for example,
"can range from as little as $6,750 per year to as much
as $20,000, depending on which 401(k) vendor you select."
For complete text, contact
The Nation's Business.
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