Who Pays 401(k) Fees?



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 .

SPONSORED REPORT

Implementing a global statutory reporting maturity model

Assess your organization's capabilities and progress toward an ideal state of global statutory reporting. Sponsored by Workiva.

100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.