First, the company incurs higher administrative costs to bill you and process your payments several times a year versus just once. (quickquote.com)
Finally, there are higher administrative costs due to a large number of small accounts, especially in DC plans, and increased movement of money between retirement plans. (educationnext.org)
The more frequent your insurance premium payments the higher your cost because the insurance company incurs higher administrative costs to bill you and process your payments several times a year instead of just once. (term-life-online.com)