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Who Pays 401(k) Fees?
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38% | Participant via investment product fees |
37% | Plan sponsor |
12% | Participant via direct charge |
5% | Participant via additional reduction to investment returns |
4% | Direct fees paid by both sponsor and participant |
4% | Other |
Source: Investment Company Institute’s The Economics of Providing 401(k) Plans: Services, Fees, and Expenses, 2006, www.ici.org .