Most 40k advisors and their plan administrator partners are continuously skimming fees from workers’ 401ks. Think it’s no big deal? The fees they skim are small? Think again.
401k “pick-pocketing” costs the average worker $150,000, skimmed from t401k savings after a lifetime of work.
Watch this 2-minute video—It’s worth many … read more
We have been in the 401k administration and recordkeeping business for over 30 years. We provide small businesses with affordable, quality 401k plans, and charge a fair price for services rendered. What we do NOT do is deduct 401k fees from the employees’ personal 401k assets. In 30 years in … read more
Are we being unduly harsh when we refer to 401(k) financial advisors and 401(k) providers as 401(k0 pick-pockets? I don’t think so, and here’s why:
Most 401(k) participants are unaware of the fact that fees are being deducted every quarter from their 401(k)-retirement savings. AARP has done an expose on … read more
© 2023 No Fees 401k Blog