Understanding all of the fees in a 401(k) plan can be a challenging task for plan sponsors and advisors alike, but especially for the average investor. However, understanding the various fees and who pays them is essential to improving portfolio returns. Both the Securities & Exchange Commission and investment research firm Morningstar have published research showing the impact of fees and expenses on long-term investment results. Unfortunately, it is very difficult for investors to truly understand the different fees associated with plan administration, investment options and plan services.
Springwater can help you understand the fees you’re paying in your company-sponsored retirement plan. To arrange a portfolio review, contact us today.