What's the Fee Sense of Your Participants?

A recent survey suggests that three-quarters of Americans are in the dark when it comes to 401(k) fees.  Is that the case with the plans – and plan sponsors – you work with? 

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* 1. While its hard to generalize (accurately), how many of the participants you work (directly) with know there are fees for their 401(k)?

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* 2. OK, so there are lots of reasons why participants might be ignorant/confused about 401(k) fees - but which ONE do you think accounts for the majority?

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* 3. What do you think (know?) participants do with all those 401(k) fee notices?

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* 4. While its hard to generalize (accurately), how many of the plan sponsors you work with know there are fees for their 401(k)?

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* 5. How many of the plan sponsors you work with with know how much their plan pays in fees)?

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* 6. Are you talking about fees more with plan sponsors these days?

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* 7. Any other comments about fees, fee sense (or a lack thereof), fee discussions, fee concerns (or the lack thereof), or - life in general?

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* 8. What size plans do you PRIMARILY work with?

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* 9. Suggestions for future survey questions?

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* 10. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...

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