No. of Recommendations: 1
Month after month I seemed to be losing more than $60. I came to discover that the 401k was set up to withdrawl "expenses and fees" in a clandestine manner. I spoke to my company's plan administator about this and was told that that was the way it was contracted with the 401k provider. And my administrator saw nothing wrong with this arrangement!!! I was paying well over $800 a year for the priviledge of participating in this 401k!!!

yikes ..fees are pretty common ,but $60 a month 'clandestine' .. />:

another thing they do is have 'special' funds with higher than normal expenses.

.. so i'm a big fan of "ROLL that 401k!"
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