Tag: 401k
The brief’s key findings are: 401(k) plan expenses include both explicit fees and trading costs. Trading costs are a major expense for actively-managed funds. While such funds do not necessarily produce higher net returns, they do handle the bulk of 401(k) equities. Without giving up active management, shifting to exchange-traded funds and commingled trusts can…
The brief’s key findings are: Among workers whose employers offer a pension plan, participation rates are much lower for low earners and have declined over time. The decline is largely due to the rise of 401(k)s. Low earners often cite monetary constraints, though non-monetary reasons are also important. On the non-monetary side auto-enrollment should help,…
