Hidden and Excessive 401k Fees are Causing Severe Damage and Loss for 401k Participants

Today the typical American household saving for retirement in a 401(k) will pay nearly $155,000 in un-necessary, excessive, mostly hidden 401k fees and commissions to brokers, agents and administrators.
Demos Brochure

Participants in our 401k Easy 401k plans are NEVER charged unnecessary marketing fees, including revenue-sharing fees, agent and broker commissions, or recordkeeping fees. Our 401k Easy plans being a clear exception, the vast majority of small 401k plans are larded with various "marketing fees" that 401k participants unknowingly pay. These unnecessary marketing fees include revenue-sharing fees, agent and broker commissions, and rebates to third-party administrators for pre-packaging mutual funds into the 401k plans. Demos.org, a well-regarded national non-profit research organization, calculates these unnecessary, non-essential marketing fees cost the typical 401k investor approximately $155,000 in lost value for the lifetime of his or her account!


AARP Research Study of 401k Fees

Most 401k savers are unaware they are paying unnecessary marketing fees and advisors commissions, extracted from their 401k accounts. It's a national scandal --- and reduces the typical 401k value by nearly $155,000!
AARP Brochure

The vast majority of 401k participants in smaller plans are charged unnecessary Marketing Fees they do not know about or understand. According to a study of 401k fees by AARP (AARP.org), "When plan participants were asked whether they pay any fees for their 401(k) plan, eight in ten (83%) reported that they did not pay any fees." For example, a 30-year old who saves $250 a month in the 401k may be charged approximately $136,000 in unnecessary, non-essential Marketing Fees by age 65. For more examples of the losses caused by 401k Marketing Fees to various sample investors, please click here.