Not exact matches
If you sponsor a 401 (k) plan for you and your employees, I recommend avoiding 401 (k) providers that
charge hidden fees — they make it harder for you to avoid
excessive 401 (k) fees that handicap participant returns and increase your personal
liability.
On the other hand,
liabilities can be your expensive car, a big house bought on the mortgage with
excessive maintenance and running
charges, expensive phones etc..
Faced with a substantial decline in the MIP's market value, and with resulting pressure from the wrap providers — which were exposed to
liability in the event of significant MIP fund withdrawals — Fidelity responded by adopting an unduly conservative investment strategy that was contrary to the purposes of stable value fund investing, agreeing to allow the wrap providers to
charge excessive fees, and
charging excessive fees for its own account.