NEPC recently completed our 14th Annual Defined Contribution Plan and Fee Survey, also known as the NEPC Defined Contribution Progress Report. Over the last decade, the marketplace has witnessed declining record keeping and investment management fees. However, as per participant record keeping fees have trended downward, record keepers have found other ways to generate revenue. Fees for items like loans, QDROs, and managed accounts have become more commonplace. In this video, we discuss the impact these “other” fees have had on total plan costs.
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