• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

401(k) fees higher for employees at small firms

by on
in Employee Benefits Program,Human Resources

Over the course of a 35-year career, an employee of a small company will pay $100,000 more in 401(k) administration fees than someone who works for a large firm.

An analysis by Bankrate.com attributed at least some of the surcharge to the fact that small firms typically don’t have anyone on staff to continually monitor retirement benefits.

Leave a Comment