Fees have come down dramatically over the last 3 to 4 years for retirement
plans. Consultants trying to prove their value are one reason, another are the
new fee disclosure requirements. Overall, retirement providers are fighting
hard for assets so they are coming in with lower fees for new business and
pro-actively offering lower fees in some cases to existing plan sponsors.
Still, there are some plans out there that are still over priced and investors
need to ask questions of their employers and what efforts they've made to
make sure their fees are competitive. One thing to remember: sometimes you get
what you pay for. The best isn't always the least expensive.
Vanguard is an option investors ought to consider. They have low fees.