re: 401K: who manages your company plan?

quote:

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I dunno, what if the fund with a 1.3% ratio consistently performed 2% better returns on average and had half the volatility?

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Using empirical data, what is a fund manager's probability of consistently outperforming an index fund by 2% in an asset class?

I'm talking level, annual fees of 10 to 30 bps (.1%to .3%) in the next ten years, hence why advisor compensation will be deminimus. If I was in the business, I'd be looking for a new gig.