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Subject:  Re: 401K Date:  1/28/2000  12:17 AM
Author:  ZZFly Number:  1786 of 22193

A 4% back-end sales load on a 401(k) plan sound very high. However, you did not tell us the size of your company. If you work for a small employer their are not a great number of alternative which will provide you with a reduced sales load. Assets are the key to locating a good low cost 401(k) administrator - if you have less and $1 MM in plan assets there are not many alternatives.

Try - Principal Financial - Guardian Life - Standard Insurance - or some of the Mutual Funds - Strong - Fidelity - etc.

The employer who is cheep and will not pay billed fees generates the need for surrender charges.

I hope this helps
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