LarkspurRixtrema
Expert
- 31
Today, we are going to look at some of the hidden fees behind the LIFESPAN, INCORPORATED RETIREMENT SAVINGS PLAN.
To reconcile the extra fees like record keeping fees, advisory fees, etc. with the 401kFiduciaryOptimizer, we have two different strategies to make sure we get a good and fair comparison.
1) The easiest way to make sure you are taking into account any extra fees or revenue sharing structures, we have a default assumption that already accounts for rev sharing! We take the 12b-1 fees of each fund and then subtract it against any savings from a suggest lower feed alternative fund. See the screenshot. Read more: Your 1 minute case study on 401K Retirement Plans: A look at hidden fees -
To reconcile the extra fees like record keeping fees, advisory fees, etc. with the 401kFiduciaryOptimizer, we have two different strategies to make sure we get a good and fair comparison.
1) The easiest way to make sure you are taking into account any extra fees or revenue sharing structures, we have a default assumption that already accounts for rev sharing! We take the 12b-1 fees of each fund and then subtract it against any savings from a suggest lower feed alternative fund. See the screenshot. Read more: Your 1 minute case study on 401K Retirement Plans: A look at hidden fees -