what is the standard fee for 401k advisory services
A study by the Investment Company Institute gives some solid guidelines as to what fees are reasonable in a 401k plan on a relative basis. The study found that the average fee for all-in 401k services (recordkeeping, administration & investment management) averaged 0.72% of assets.mployers and participants alike are often left wondering what exactly they are paying in 401k fees. New rules from the Department of Labor (ERISA Section 408(b)(2)) aim to make the fees charged for 401k services more transparent in order to assure that the 401k fees charged are reasonable. But this begs the question: