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re: 401k meeting today. Right way to ask about high fees??
Posted on 10/26/16 at 11:03 am to ragacamps
Posted on 10/26/16 at 11:03 am to ragacamps
I just met with our company's 401k guy today through Lincoln financial and his rate is .25%. He said something about owing a fiduciary duty to my employer and everyone involved in the plan, which may make that rate lower than normal, but I'm not entirely sure. Just wantedto give you a reference point.
This post was edited on 10/26/16 at 1:35 pm
1
Posted on 10/26/16 at 11:11 am to jammintiger
Thanks for the insight. and maybe I'm wrong. The last company i worked for was one of the largest in the nation for that industry. My current one is very small. So maybe it's not as bad as I think. But it's way higher than my last, no match, and few options.
I would just like to know if the benefit guy even knows anything about the fees or where they go.
I would just like to know if the benefit guy even knows anything about the fees or where they go.
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