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Financial Planning / Foolish 401(k)s


Subject:  Better 401K Administration Date:  3/3/2013  8:43 PM
Author:  ewInquiry Number:  25017 of 26270

The company my mid-size employer has selected to administer our 401k plan has been terrible. To be fair, their customer service has been okay, but their fund selections are extremely limited. Even for their self-directed brokerage option, the selection is poor, each trade carries a $50 commission and, on top of that, the brokerage charges an additional $100 annual maintenance fee for doing nothing. Finally, their websites pales in comparison to most discount brokerages.

Can anyone suggest a 401k administrator/brokerage that they think is really good?

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