How can an investor find out how much they are paying in fees to manage their 401(k) account with Vanguard? A. call your CPA's secretary to find out B. the fees work similar to an adjustable-rate mortgage and the fees will vary depending on the economy C. they will receive a fee disclosure from their retirement plan D. because of the many investments in a 401(k) plan, investors cannot see the fees until retirement
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Investment management fees are charged as a percentage of the total assets managed. These types of fees can often be at least partially paid with pre-tax or tax-deductible dollars. Example: An investment advisor who charges 1% means that for every $100,000 invested, you will pay $1,000 per year in advisory fees.
D. because of the many investments in a 401(k) plan, investors cannot see the fees until retirement
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