Assessing Retirement Plan Value - 2e

1.68%
0.67%
1.27%
27%
2%
7%
%
0.36%
1.68%
1.61%
7%
1.23%
0.21%
1.17%
27%
1.2 %1.61%
1.68%
0.58%
0.87%
1.2 %27%
NUMBER
>MORE THAN A
2.27%0.83% 0.78%
1.27%
0.21%
1.68%
1.27%
0.21%
0.47%
1.68%
1.68% 0.68%
0.87%
1.68%
1.27%
0.58%
1.68%
0.27%
2.27%
07
0.230%8%.58%
0.58%
2.27%
0.27%
The following illustration will walk you through the basic services and service providers that may be associated with the cost of
a retirement plan, as well as sources for paying those costs and the various payment choices or fee collection methods available.
0.78%
0.78%
1.68%
0.58%
0.72%
0.78%
0.58%
1.27%
1.68%
1.27%
1.68%
1.27%
1.68%
1.68% 0.83%
1.68%
2.27%
2.13%
1.68%
0.32%
2.27%
2.13%
2.13%
Cost of Providing a Retirement Plan
WHAT DOES IT MEAN?
UNDERSTANDING
RETIREMENT PLAN COSTS
REVIEWING PLAN SERVICES
———————————————————
INVESTMENT MANAGEMENT
PLAN ADMINISTRATION
& RECORDKEEPING
————————
NAVIGATING
COST CONSIDERATIONS
EVALUATING
REASONABLENESS
ADDRESSING
PARTICIPANT QUESTIONS
GLOSSARY OF TERMS
PLAY AUDIO
OVERVIEW
PRINTABLE PDF
TOOLS & RESOURCES
> BACK TO HOME
COST
CONSIDERATIONS
EVALUATING REASONABLENESS
CLICK FOR MORE DETAILS
REASONABLENESS
CONSIDERATIONS
FEE COLLECTION
EXAMPLES
MORE THAN A NUMBER • UNDERSTANDING RETIREMENT PLAN COSTS | 2
———————————————————
PARTICIPANT COMMUNICATION
& EDUCATION
———————————————————
CONSULTANT/ADVISORY
———————————————————
AUDIT/LEGAL
———————————————————
TRUST/CUSTODY
Plan sponsors may have flexibility in how the
retirement plan fees are collected.
This depends upon options available from the service
provider(s) who is providing the service. For example, you
may be able to choose to pay a portion of the fees through
a bill and deduct the remainder from participant accounts,
or choose an investment option share class that produces
revenue sharing to help cover the plan fees.
PAYMENT
SOURCES
———————————————————
THIRD PARTY
———————————————————
ADMINISTRATOR
INVESTMENT PROVIDER
———————————————————
FINANCIAL PROFESSIONAL
———————————————————
CPA/ATTORNEY
———————————————————
TRUSTEE
BUNDLED PROVIDER
PLAN SPONSOR
———————————————————
PARTICIPANT ACCOUNTS
———————————————————
RETIREMENT PLAN
INVESTMENT OPTIONS
PAYMENT
CHOICES
BILLED
———————————————————
NETTED/DEDUCTED
———————————————————
INVESTMENT EXPENSE
Investment Mgmt Fees
——————————
Revenue Sharing
0.27%
RETIREMENT PLAN VALUE
VALUE RECEIVED
TOTAL COST
Assessing Retirement Plan Value

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