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Posted on 7/28/16 at 4:27 pm to Hawkeye95
Pretty much this. Companies want to offset/decrease (however you want to look at it) the operating expenses of offering and managing the plan to it's employees.
Posted on 7/28/16 at 4:34 pm to Hawkeye95
quote:
My fidelity interface is easy to use, but the funds not so great.
Does your Fidelity 401k come with BrokerageLink? My wife's did and I was able to get around the plan options
Posted on 7/28/16 at 6:59 pm to Hawkeye95
quote:If you have evidence of a company doing that you should report that company.
its pretty simple, companies get kickbacks for having shitty high fee funds.
There are some pretty hefty whistle blower rewards for reporting companies who willfully violate ERISA. And a company getting a "kickback" for offering high commission investment options is definitely a violation of ERISA.
My guess is, based on your posting history, you're just making shite up and have no clue if what you wrote is true or not but you thought it made you sound intelligent. It does the opposite.
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