Impact Of Excessive 401K Fees

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SECRETS REVEALED!  SOME INVESTMENT ACCOUNTS TAKE THEIR FEES FROM YOUR FRONT POCKET (NOTICEABLE) AND SOME ALSO TAKE FROM YOUR BACK POCKET (NOT-SO-NOTICEABLE).  AS YOUR PLAN’S ADVISOR, WE EDUCATE AND ARM YOU WITH THESE DETAILS GIVING YOU THE KNOWLEDGE THAT CAN SAVE YOU A FORTUNE.

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 While the market is unpredictable, fees are guaranteed to lower returns. One of our primary goals is to lower 401(k) investment fees for your employees. Once we estimate the total fund cost, we then compare the total fund cost to other funds that provide similar asset class exposure and return potential.

The impact of excessive fees

(Assumptions: An individual’s 401k account value based on contributions of $4k/yr with a 6% annualized return)

The end goal — provide a selection that gives employees a low-cost 401(k) investment menu of diversified mutual funds that in some instances can save anywhere from 1 - 1.5% in unnecessary fees.