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Old 10-01-2011, 07:09 PM   #21
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The BrightScope rating is pretty high (I am not familiar with BrightScope to they do a good job rating 401Ks). I did notice that most common plan choices are self directed brokerage accounts, so presumably a fair number of Amerprise adviser know their dog food taste bad.
Cats don't like it much either
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Old 10-01-2011, 08:38 PM   #22
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Cats don't like it much either

Well that's because cats are smart much too smart to have an Amerprise financial advisers. Although dogs seem to love cat food so maybe they like Amerprise.
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Old 10-03-2011, 05:20 PM   #23
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Poetic justice. This company stinks. How bad can it be even when your own employees are suing you.
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Old 10-04-2011, 05:09 AM   #24
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The BrightScope rating is pretty high (I am not familiar with BrightScope to they do a good job rating 401Ks). I did notice that most common plan choices are self directed brokerage accounts, so presumably a fair number of Amerprise adviser know their dog food taste bad.
If you look below the dashboard and see what offerings the participants have to choose from you'll see that they only have 7 funds and 4 of those are Ameriprise Funds. I looked up the first one on the list which is an S&P 500 index fund with an E/R of 0.35%, which is about double that of the Vanguard equivalent.

http://www.ameriprise.com/global/doc...y_Index_II.pdf
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Old 10-04-2011, 07:33 AM   #25
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A few years ago they changed to proprietary funds at my workplace.
It was to give us better choices and not only were the costs high ,the quartely service charge went up 500%.
On top of my list when I retire is to transfer to Vanguard.

I think some compaines see the 401k as a source of income.

It should be left up to each individual.
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Old 10-04-2011, 08:12 AM   #26
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Here's something making fun of that commercial.
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Old 10-04-2011, 10:52 AM   #27
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...

I think some compaines see the 401k as a source of income.

...
I am not understanding this statement. Would you clarify, please?

It is difficult to tell if you were talking about employers or 401K custodians or something else.
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