An annual report on fees in defined contribution plans by investment consulting firm NEPC, which consults on $184 billion in plan assets, shows total retirement plan costs have hit another all-time low.
And for the first time in the study's 11-year history, the majority of retirement plan sponsor respondents report having a fixed, per-participant recordkeeping fee structure in place.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
