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Author: Rufford One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75523  
Subject: Re: Evaluating the fees associated with 401K opt Date: 10/8/1998 1:15 PM
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Ok, I tried playing with some numbers it seemed pretty impossible that those fees are assesed every day.

I called the management company and this rep. told me (in my words) that what the fee represented is the fee to the entire fund over the course of a year. The fee is never directly assesed to my balance, so they can not tell me exactly how much I paid in fees for any period.

The fee is assesed daily, but the anual fee is the rate that they gave me.

Does this ring true? Seems like I should be able to find out exactly how much I paid in fees over a given period. The rep. was not comfortable saying that I could generalize .04% (or whatever) from the entire fund to .04% to my balance. Can anyone explain to me how that could be different?

Rufford
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