No. of Recommendations: 0
ralphmiller wrote,

Yes, you should complain. I work for SBC, and they recently started a web-based 401K personalized page service (using MetLife as a vendor). I have a personal password and can check my balance and fund return rates etc. at any time. It is updated with new balances fairly often (daily or thereabouts) including paycheck and matching contributions. You should tell your employer to check out MetLife, which is obviously selling this service.

What kind of fees are you paying in your 401(k)?

Insurance companies such as MetLife tend to have the highest fees. If your employer is paying the fees, who cares? If it's being deducted from your account, it's a big deal. Even a 1% annual fee could cost you tens or hundreds of thousands of dollars in the size of your eventual retirement nest egg.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.