For defined contribution retirement plan fees, the race to the bottom may be over—at least for now.
According to Boston-based NEPC, an advisory to large sponsors of retirement plans, both record-keeping fees and investment fees in plans are flat this year compared to 2016.
The median per-participant record-keeping fee is $59 this year—$2 more than it was in 2016.
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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.
