>The most disturbing aspect of the plan is that expenses of $30 mill seem high for a fund with assets of $900 mill. That's about 3%. That figure should compare with the expense ratio of a mutual fund. Good ones like an index fund can be as low as 0.18% as in Vanguard Index 500, but typical would be around 1% or a little less.The $30,709,194 in Plan Expenses includes $30,498,680 in paid benifits to participants and benificiaries. The administrative expenses were only $91,388 or about 0.01% of the Plan Assets.
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