recommended corporate 401k administrator?
Ok, I have a question. My megacorp has 2 types of 401k administrators:
1. Main 401k Administrator - free to employees other than fees the particular individual investment vehicles charge. Very limited offerings...only about 20 Megacorp-chosen vehicles.
2. Secondary 401k Administrator - charges a flat account maintenance fee each year, has thousands of investment vehicles each with their own individual fees. Best as I can tell there are no index funds or ETFs - offerings are just strictly funds and stocks.
I have an opportunity to recommend a better 401k provider and would like to point out one that is a one stop shop with many offerings and free (other than investment vehicle fees). It would be nice if they could move to a single administrator that offers Stocks, Bonds (muni/corp/treasuries/etc), Mutual Funds, Index Funds, Etf's etc.
Can anyone recommend a 401k administrator that your company might use that would fit the bill?