401(k) Fees - What Small Plans Should Know

Here is an article on the many problems that smaller 401(k) plans have relative to larger plans. The expose` details the many obstacles smaller plans have including costs, which in general, are much higher for smaller plans due to economies of scale. The article also reviews how smaller companies can pool their assets with other small companies to gain more favorable pricing. By and large, we agree with pooling assets, and plan sponsors of all sizes should read this article.