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Subject:  Re: My company is changing 401k providers Date:  11/4/1999  10:59 PM
Author:  KGWood Number:  15124 of 78166


Let me first say I am not a specialist in this area, but I work very closely with those who are. As you can see in my profile, I'm in corporate banking and my employer provides 401k services to many of my clients.

I have never seen a participant in a 401k plan be charged commissions/fees/whatever when the employer changes plan providers. If the investment options in a plan charge backend sales loads (fees that are charged when you exit the fund), I sure hope your employer picks up that cost! Check with your HR department (ever notice how they st