How to Find Out More About Your 401(k) Costs
By: Source: AARP Bulletin Today Date Posted: 2003-11-04 09:07:00-05:00
- Check the prospectuses of mutual funds in your 401(k) to learn how much your plan charges in investment fees. In addition to those fees — typically the largest cost — there may be other expenses, such as sales commissions and service fees.
- Read or download the report " Revenue Sharing in the 401(k) Marketplace: Whose Money Is It? " by the McHenry Consulting Group of Berkeley, Calif.
- For details on 401(k) costs, go to the U.S. Department of Labor's website to read the report " A Look at 401(k) Plan Fees for Employees . " Or call (866) 444-3272 to order a copy.
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