Benefits Think 5 fee-related best practices for 401(k) and 403(b) plans

Published 3 Min Read

Are your retirement plan fees market-competitive? Do you meet your fiduciary obligations regarding provider fee review each year? Consider these best practices relating to fees:

  • The providers generating fees for your 401(k) or 403(b) plan include (at a minimum): the plan’s investment adviser, recordkeeper, trustee and custodian. Ensure their fees are reasonable by performing an annual review.
Robert C. Lawton
President

Robert C. Lawton, AIF, CRPS is the founder and president of Lawton Retirement Plan Consultants, LLC. Mr. Lawton has over 30 years of retirement plan consulting and administration experience and has … Read full bio


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