Employee Fiduciary
401(k) Advisor Fee Study: How Much Fiduciary Advice Lowers Plan Costs
October 16, 2024 - The 401k Averages Book is an often-cited source for 401(k) benchmarks. For 2020, they found that 401(k) plans with $500,000 in assets paid an average of 1.71% for bundled administration services (0.66% recordkeeping + 1.05% revenue sharing).
Human Interest
Understanding plan participant 401(k) fees | Human Interest
April 24, 2025 - 1. The average investment expense of plan assets for 401(k) plans with 25 participants and $250,000 in total assets is 1.37% of assets, according to the 21st Edition of the 401k Averages Book, and is inclusive of investment management fees, fund · expense ratios, 12b-1 fees, sub-transfer agent ...
InvestmentNews
Data shed light on how much 401(k)s pay advisors - InvestmentNews
February 22, 2024 - New data published this week in ... compensation varies by plan size, with $5 million 401(k)s paying an average of 37 basis points ($18,500 total) and $50 million plans paying less than half that rate, at 17 bps ($85,000 total)....
What is the average fee for 401(k) plans?
What is the average fee for 401(k) plans?
The average fee for 401(k) plans can vary depending on the size of the plan. Generally, for smaller plans (less than $250,000 in assets), the average fee is around 1% of total assets; for larger plans (over $500,000 in assets), the average fee drops to 0.6%.
financestrategists.com
Average 401(k) Fees by Plan Size | Finance Strategists
How do 401(k) fees vary by plan size?
How do 401(k) fees vary by plan size?
For smaller plans (less than $250,000 in assets), the average fee is around 1% of total assets; for larger plans (over $500,000 in assets), the average fee drops to 0.6%. The difference in fees reflects economies of scale that can be achieved when operating a larger plan.
financestrategists.com
Average 401(k) Fees by Plan Size | Finance Strategists
What additional benefits might retirement plan advisors receive?
What additional benefits might retirement plan advisors receive?
Employers may provide supplemental benefits such as health insurance and contributions to retirement plans which can significantly increase a retirement plan advisor's overall income.
financestrategists.com
Average Advisor Compensation on 401(k) Plans
U.S. Department of Labor
A LOOK AT 401(K) PLAN FEES
This publication has been developed by the U.S. Department of Labor, · Employee Benefits Security Administration (EBSA)
Employee Fiduciary
401(k) Fee Study: How Much Does a Fiduciary-Grade Advisor Cost?
March 26, 2025 - When evaluating the fees charged by a 401(k) financial advisor, employers should do so within the context of the total fees charged under the bundled solution. By adding financial advisor fees from the prior table to Employee Fiduciary fees, average total plan fees can be determined.
Finance Strategists
Average Advisor Compensation on 401(k) Plans
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Gain insight into the current landscape of retirement plan advisors and understand the best approach to building a successful retirement plan.
Published: February 16, 2024
Views: 7K
Finance Strategists
Average 401(k) Fees by Plan Size | Finance Strategists
February 16, 2024 - The administration fees charged by a 401(k) plan advisor vary widely.
NerdWallet
How Much Does a Financial Advisor Cost in 2025? - NerdWallet
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What a financial advisor costs depends on the fee structure they use with their clients. Advisors who charge flat fees can cost between $2,500 and $9,200 a year, depending on the service, according to a 2024 survey of financial advisor firms by Kitces.com[0] Kitces.com. Kitces Report: How Financial ...
Published: 3 weeks ago
Human Interest
Average 401(k) Fees | Recordkeeping & Management Fees | Human Interest
January 29, 2024 - On average an account holder in a 401(k) plan with 25 participants and $250,000 in assets could expect their net investment fees to be 0.43% of their plan assets, for a total of $43 (based on a $10,000 average account balance).¹ · Investment advisory services refer to the cost of managing ...
Investopedia
401(k) Fees: Everything You Need to Know
June 19, 2013 - The most firmly entrenched of the fees is the 12b-1 fee, named after the relevant section of the Investment Company Act of 1940. Generally filed under marketing and distribution expenses, 12b-1 fees are ostensibly earmarked for the intermediaries who sell 401(k) plans to your employer.
Guideline
How much should you pay in 401(k) plan fees?
July 10, 2024 - Historically, small businesses tended to be subject to higher total expense ratios because their accounts were more costly for providers to administer. According to the 401(k) Book of Averages, a company with 2,000 employees can expect to see an average 0.78% total expense ratio. In comparison, ...
InvestmentNews
Data sheds light on how much 401(k)s pay advisors
February 22, 2024 - As with other types of fees, advisor compensation varies by plan size, with $5 million 401(k)s paying an average of 37 basis points ($18,500 total) and $50 million plans paying less than half that rate, at 17 bps ($85,000 total). Those figures come from the 24th edition of the book, which launched ...
Napa Net
Advisor Comp, RK Admin Data Among New Features in 401k Averages Book
February 23, 2024 - While the 401k Averages Book has served as a resource for evaluating 401(k) plan fees among large and small plans alike, the newly released 24th edition now includes new benchmarking data on advisor compensation, as well as recordkeeping administration.
Employee Fiduciary
401(k) Fee Study: What Does a Fiduciary-Grade Advisor Cost?
March 28, 2025 - Our fee study of 753 fiduciary-grade financial advisors shows impartial advice reduces the total cost of a 401(k) plan. Employers should not settle for less.
Napa Net
Here's How Much 401(k) Plan Fees Have Dropped
February 16, 2022 - For both small and large retirement plans, average total plan costs for 401(k)s continued to decline in 2021, with plan investment fees leading the way, according to the latest edition of the 401k Averages Book.
Encore Fiduciary
401k Averages Book Update: Indirect Compensation Recorded - Encore Fiduciary
November 27, 2024 - Encore Fiduciary insights from the 2024 401k Averages Book, uncovering trends in plan management and advisor fees.
NAPA
Here’s How Much 401(k) Plan Fees Have Dropped | National Association of Plan Advisors
February 16, 2022 - For both small and large retirement plans, average total plan costs for 401(k)s continued to decline in 2021, with plan investment fees leading the way, according to the latest edition of the 401k Averages Book.
Guideline
401(k) Pricing, Costs & Fees | Guideline
Our 401(k) plans come with low monthly costs and no transaction fees. So you won’t have to pay extra for plan setup, plan transfers, or 5500 prep.
ADP
401(k) Cost for Employers and Savings Tips | ADP
May 19, 2025 - Understand 401(k) costs, including setup, administration, matching contributions and compliance. Learn how to optimize costs while maximizing plan value.