Sentences with phrase «benchmark plan fees»

The university is also called out for failing to adequately benchmark plan fees.

Not exact matches

The plaintiff argues that determining the price that would be available on a flat per - participant basis, or the price available under other fee models requires soliciting bids from competing providers: «In billion - dollar plans with over 36,000 participants, such as the Plan here, benchmarking based on fee surveys alone is inadequate.

The plaintiff argues that based on information currently available regarding the plan's features, the nature of the administrative services provided by TIAA, the plan's participant level, and the recordkeeping market, benchmarking data indicates that a reasonable recordkeeping fee for the plan would have been a fixed amount between $ 1,500,000 and $ 1,900,000 per year (approximately $ 50 per participant with an account balance); however, TIAA is collecting roughly $ 10,000,000 per year (on average approximately $ 277 per participant).

To quote CST's MRFP: «For 2009 the Plan's rate of return, net of fees, was 5.3 % versus an investment policy benchmark of 8.9 %.

According to two panelist experts speaking at PSNC 2015, relying on publicly available fee benchmarking is generally not a marker of top - performing plans and plan sponsors.

To help advisers clearly illustrate the value of their clients» plans, Ascensus routinely benchmarks its fees and disclosure practices against those of its peers.

The spate of U.S. litigation should prompt Canadian employers to mull over the following obvious questions: Do plan fees hold up against a benchmark of fees charged by other plans?