(Optional) Upload your Employer Fee Disclosure form (also known as the 408b2) - (Where do I find this?)
Imagine giving up 50% or more of your future nest-egg to excessive fees. Sadly, studies show that most investors are doing just that. Consider this: A 1% reduction in annual fees means your money will last up to 10 years longer in retirement! Our clients discover an average of 57% in fee savings after requesting our free side-by-side plan comparison.
With thousands of funds to choose from, ever wonder who selected the funds in your 401(k) plan? The reality is, expensive “actively managed” mutual funds plague the 401(k) industry because they pay very hefty sums to the plan providers and brokers. This arrangement directly impacts your returns. Why not remove all the conflicts and only use the lowest cost, best performing funds?
At greater frequency, employees are suing plan sponsors (employers) for plans with excessive fees / brokers compensation and where the employers weren’t looking out for their employees sole and best interests. The Department of Labor is increasing the number of plans audited and in 2014, the average fine was $600,000. Installing a 3rd party fiduciary is the first step in creating protection.
