Unexpected 401(k) fees raise costs, confusion for employers

Published 4 Min Read

Juridical concept meaning 401(K) Plan Fees for Employers with sign on the page.
Adobe Stock

  • Key Insight: Learn how hidden retirement-plan fees are eroding SMB benefit strategies.
  • What’s at Stake: Unexpected fees can force plan terminations, reduced matches, and benefit cuts.
  • Forward Look: Prepare for increased scrutiny on fee disclosure and PEP administration costs.
    Source: Bullets generated by AI with editorial review

Small and mid-sized businesses are struggling with unexpected retirement plan fees, according to a new survey, and some are canceling their benefit plans as a result.

Jimmy Nesbitt
Reporter

Jimmy Nesbitt is a reporter at Employee Benefit News, where he covers the evolving landscape of workplace benefits, healthcare, retirement, financial wellness and related policy issues. His career … Read full bio


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form