Custodial fees refer to the charges or fees that are paid for someone to take care of or manage assets or investments on behalf of the owner. Full definition
Your 401 (k) funds probably don't have any balance requirements and reasonable custodial fees, that's usually not the case with major brokerages. (stockmonkeys.com)
The most common custodial fees are trading costs. (foolwealth.com)
A $ 15 annual custodial fee (for IRA and ESA accounts only). (homesteadfunds.com)