Are you looking for low retirement plan fees, but don’t want to sacrifice the quality of your plan? If your employees have questions about these fees, it may be time to find out more about them, since excessive plan fees can steadily lower the balance of your retirement accounts.
A recent article in “Kiplinger’s Personal Finance” magazine found that more than 80 percent of 401(k) plan participants “were unaware of how much they were paying in fees associated with their company’s retirement savings plan.” Since about 50 million participants in total depend on these savings for their retirement, the plan fees that they pay (and any dissatisfaction with them) have become a hot topic.
The fees connected with a NADART plan (fund fees, administrative costs, etc.) are spelled out clearly and quite low compared with others in the retirement plan industry. Just go to our Product Information Request Form to get a free copy of our “Understanding and Comparing 401(k) Plan Fees” booklet, which gives you the details you need to make an informed choice about fees. NADART also provides our participants with a “Reading Your Investment Choice Statement Guide”. All of this material will hopefully answer any fee-related questions that you or your employees may have.
For further questions or if you are interested in sponsoring a NADART plan, please contact one of our Marketing representatives at (800) 462-3278, ext. 7161 or by e-mail at nadart401k@nada.org.