Comments on: 401(k) Plan Expenses

By: Anonymous Gerbil

Anonymous Gerbil — Thu, 03 Nov 2005 06:52:37 +0000

With a match, a high cost plan is attractive if you don’t think you’ll be at the job forever – you can take the match and roll over the 401(k) to an IRA at Vanguard or Fidelity when you go (or even to the 401(k) at your new employer if it looks good). High fees only do real damage after many years pass, but the match can work instantly.

By: F. D. Bryant III

F. D. Bryant III — Wed, 02 Nov 2005 08:47:03 +0000

Considering you don’t really have a choice in the plan your company has seems kinda irrelevant (unless of course your in charge of the selecting the plans – in which case pick a low cost plan and give an employer match).

By: Caitlin

Caitlin — Wed, 02 Nov 2005 04:40:29 +0000

my 401(k) plan is at Scudder and the fees are *outrageous* … like well over 1% expense ratio on an S&P 500 index tracker. Insane. And…no choice in the matter. ugh.