But businesses – small businesses especially – tend to select a 401(k) provider for their company based on the monthly fee (only $100 per month!) or because the owner’s best friend is a money manager and can do ‘it all’ inexpensively.

It’s not the cost of maintaining the program – it’s the hidden costs – especially expense fees – that are rarely if ever disclosed.

Demand from your third party administrator or money manager what those expenses are – they are costing you and your employees a reduced return on their investment.

And that means you are costing your employees and yourself – your retirement.

Courtesy Wall Street Journal.