Not a Member? Get access to HR news and resources that you can trust.
The raw emotions of a polarized electorate are taking a toll on employee relations. How can HR promote peace?
Is your employee handbook ready for the New Year? With SHRM’s Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Get the HR education you need without travel expenses or time out of the office.
Elevate Your Talent Strategy. Join us in Chicago, IL – April 24-26, 2017.
The average total plan cost and average investment expenses for 401(k) retirement plans fell slightly in 2012, according to the newly published 13th edition of the 401k Averages Book, an annual overview of plan benchmarks.
The study revealed that in 2012:
Expanded Fee Disclosure
"401(k) fees have been trending down over the years but the Department of Labor's fee disclosure regulations, which took effect in 2012, helped bring a great deal of attention to 401(k) plan fees," said Joseph Valletta, co-author of the study. "More plan sponsors and their advisors recognize the importance of plan fees and the wide range of fees in the marketplace. The average total expense for a small plan is 1.46 percent, but the range between the high and low total plan expense is .38 percent to 1.97 percent."
Target-Date vs. Balanced Funds
Target-date fund use continues to grow in 401(k) plans; for the first time, the study separated target-date funds from traditional balanced and risk-based funds. Among the findings:
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Your session has expired. Please log in again before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Join SHRM's exclusive peer-to-peer social network
SHRM’s HR Vendor Directory contains over 3,200 companies