Understanding the Fees

Due to our industry experience, we know where to find the “hidden” fees. On your behalf, we negotiate:

• LOWEST INVESTMENT MANAGEMENT FEES
• LOW OR NO ASSET OR WRAP FEE
• NO CONTRACT TERMINATION OF EXIT FEES
• LOW TO NO RECORD-KEEPING FEES
• SERVICE PERFORMANCE GUARANTEES

Plan Fees:
The fees of the Plan, both internal and external, are one of the most important factors to be considered in reviewing the strength of a Pension Plan. Costly hidden fees eat into the growth of the Plan and can nullify the gains of the Plan.

Fee Types:
Administrative Fees: covers the cost of maintaining the Plan such as the record-keeping, accounting, legal and trustee services. They often include the preparation and mailing of account statements and other educational materials.

Investment Fees: covers the cost of managing the retirement plan investments. These fees go to pay the fund managers and clerical staff. The fees pay for investment related expenses such as brokerage commissions and advertising.

Asset/Wrap Fees: covers similar expenses of administrative fees but are not explicitly billed to the client. The asset fees are taken as a percentage of the total plan assets out of each participant’s account.

CONSIDER THE FOLLOWING:

HAS THE ENTIRE STORY BEEN TOLD?

NOW YOU HAVE SEEN THE WHOLE STORY!!