401K Administrators
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401K Administrators (by David [NC]) Mar 24, 2019 8:28 AM
       401K Administrators (by JB [OR]) Mar 24, 2019 8:55 AM
       401K Administrators (by AllyM [NJ]) Mar 24, 2019 9:49 AM
       401K Administrators (by George [IL]) Mar 24, 2019 10:20 AM
       401K Administrators (by MMIT [VA]) Mar 24, 2019 3:52 PM
       401K Administrators (by small potatoes [NY]) Mar 24, 2019 6:42 PM

401K Administrators (by David [NC]) Posted on: Mar 24, 2019 8:28 AM

I have a 401K at the office and basically between the compliance company and the broker they suck fees off this thing like leaches. Anyone own a business that has a 401K where the administrator doesn't kill you with fees?

The only one I have found so far is Guideline but I have no knowledge of them other than finding their web site. --65.188.xxx.xx

401K Administrators (by JB [OR]) Posted on: Mar 24, 2019 8:55 AM

That is a problem with many of these administrators. Many companies have been sued for not providing options for their 401k's with "reasonable fees."

I'm not personally familiar with any, but you may be able to contact a local Edward Jones office or perhaps a Charles Schwab office and get their advice on a low-cost/low fee provider. --24.20.xxx.xxx

401K Administrators (by AllyM [NJ]) Posted on: Mar 24, 2019 9:49 AM

Not sure if TIAA-Cref has what you need but I have had one with them since the mid eighties through a nonprofit I worked for. They are very good and my money has increased a lot. --173.61.xxx.xx

401K Administrators (by George [IL]) Posted on: Mar 24, 2019 10:20 AM

i know the feeling; the piece of garbage company i work for now charges me annual fee based on my account balance; stupid employer doesnt cover it; good thing i dont care about them and have a short-timer attitude --99.92.xx.xx

401K Administrators (by MMIT [VA]) Posted on: Mar 24, 2019 3:52 PM

When I owned a business, I offered a simple IRA through Vanguard.

There were no fees for the simple IRA. If I had chosen to offer a 401 through Vanguard, there would have been fees.

Both the simple and the 401 plans could invest in any of the Vanguard funds.

What type of business do you own? How many employees?

I suggest you also check with Fidelity.

I do not think we had to file any documents associated with the simple IRA program.

You may find that the big administrators are cheaper and more flexible than the small administrators.

Good luck! --70.188.xx.xx

401K Administrators (by small potatoes [NY]) Posted on: Mar 24, 2019 6:42 PM

TIAA OR CREFF whatever they call themselves these days is not as good as they used to be. Yes they have low fund fees but if you search for news of them in the past 3 years they have not been forthright with their clients. --24.194.xx.xx

Subject: RE: 401K Administrators
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