What Exactly Are All These Fidelity 401k Fees?

Most of us know that we’ll pick from a list of several funds within our 401k plan to invest our money, and these funds come with a fee known as an expense ratio, ranging from .001% to a full 1.0%. Of course, I’d recommend a low-cost fund such as one that tracks the S&P 500 index, often on the low end of the … See more

CouponFollow Extension

001%
OFF

What Exactly Are All These Fidelity 401k Fees?

2 weeks from now

impersonalfinances.com

$44
OFF

What Are The Recordkeeping And Administrative Fees In My 401k?

2 weeks from now

I'm not a Fidelity expert, but I think the Recordkeeping fees are Fidelity's fees for owning your account. Mine are $44/yr, deducted quarterly at $11.00 in months 1, 4 ,7, 10. I believe the …

reddit.com

$0
OFF

Understanding 401(k) Fees - The Balance

2 weeks from now

Dec 30, 2021 · For example, Fidelity provides traditional IRAs that have account and advisory fees ranging from $0 to $250 per year per $50,000 invested, plus fees (in some cases) …

thebalancemoney.com

20%
OFF

Why Am I Charged A "record Keeping" Fee In My 401k?

2 weeks from now

Hi all. I just opened a 401k last month and I noticed that a few days ago I was charged a "record keeping" fee that was nearly 20% of the entire investment amount! My only investment is …

reddit.com

FAQs about What Exactly Are All These Fidelity 401k Fees? Coupon?

How much do fidelity 401(k) plans cost?

We have evaluated the fees of a few Fidelity plans over the years as part of our 401 (k) fee comparison service. Below are the averages we found for these plans. While their per-capita admin fee was below the $422.30 average in our 2018 401 (k) fee study, that number can easily grow much higher due to the way these fees are charged. ...

How much does a fidelity plan cost?

At this point, all of your administration fees and investment expenses (net of indirect fees) should be broken out and totaled, giving you the all-in fee of your Fidelity plan. $16,582.15 for our example. To make it easier for you to benchmark your fees against other plans, we recommend expressing this number as a % of plan assets. ...

How does fidelity 401(k) fares against other plans?

For a clearer picture of how Fidelity 401 (k) fares against other plans, you can express the resulting amount as a percentage of plan assets. Take note: 401 (k) plan fees can vary widely, ranging from 0.5% to 2%. To know if your Fidelity 401 (k) is worth its fees, you can: ...

What is fidelity 401k recordkeeping fee?

For Fidelity’s 401k plan at my company, the language regarding the recordkeeping fee read: The annual Plan level fee is 0.58% of the Plan’s assets. This amount will be deducted from participant accounts proportionally based upon account balance. Pretty straight-forward. ...

Is it free to open a fidelity 401(k) account?

While it’s free to open a Fidelity 401 (k) account, there are certain charges like commissions, interest charges and other transaction fees. These fees can apply to: There is a list of commissions and other fees charged by Fidelity on their investment products. Here’s a video that shows in detail the process of setting up your Fidelity 401 (k): ...

What is fidelity 401(k) indirect fee?

For Fidelity’s 401 (k), a type of “indirect fee” is charged to the operating expenses of some mutual funds. This is a form of revenue sharing, and comes in two forms: These forms of revenue sharing are not reflected in Fidelity’s fee disclosure document. ...