Who Pays Retirement Plan Fees

COST - Nurture Campaign Content Offer - Who pays the retirement plan fees

 

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We have 4 tips to help you decide - Download the guide!

Should the plan sponsor pay? What about the participant? Maybe a mix of both?

These questions are core to how our consultants help retirement plan committees. The organization that sponsors the retirement plan can make a business decision over whether they want to pay for certain retirement plan expenses.

If the organization is unable or unwilling to pay for these costs, then it may be permissible to pass these costs to the 401(k) or 403(b) participants. Bottom line, you need to make the best decision for your organization and we have some information to help you do just that!

Download our guide Who Pays Retirement Fees and learn more about...

  • Allowing administrative expenses
  • Determining if expenses are allowed to be paid by plan assets
  • Determining if expenses paid by plan assets are “reasonable”
  • Evaluating your fee structure and parameters for reasonableness