TYPES OF 401(k) PLAN FEES
There are typically four types of 401(k) plan fees.
Advisory
Fees paid to a plan advisor for investment management, fiduciary services, vendor management and employee support.
Investment
Also called โFund Fees,โ these fees are associated with investments within a plan.
Administrative
Fees paid to a record keeper and a third-party administrator (TPA) for the day-to-day plan operations.
Ancillary
Fees paid for audits or legal counsel to help you comply with laws and regulations.
Must-see 2-minute Video
How Fisher Helps Benchmark 401(k) Plan Fees
Watch this short video from a Fisher small business specialist to learn how Fisher helps plan sponsors assess plan fees.