How to Check Your Retirement Plan Fees Without a Calculator

Episode 115 of Retirement Planning with Fexingo: Lucas and Luna break down the hidden fees lurking in 401(k) plans and IRAs. They walk through the three main fee layers — administrative, investment management, and individual service charges — and show how a seemingly small 0.5% difference can cost a median saver over $100,000 by retirement. Using the Department of Labor's fee disclosure form (the 408(b)(2) notice), they explain exactly what to look for and how to compare fund expense ratios against category averages. Lucas shares a real example of a large-cap index fund with a 0.03% expense ratio versus an actively managed fund with 0.82%, and calculates the dollar impact over 30 years. Luna brings up the often-overlooked revenue-sharing arrangement where the recordkeeper gets paid from fund expenses. The episode includes a brief listener-support segment tied to the idea that transparency helps people make better decisions. No jargon, no panic — just a practical guide to keeping more of your retirement savings. #RetirementPlanning #401kFees #ExpenseRatios #FeeDisclosure #Finance #FexingoBusiness #BusinessPodcast #LucasAndLuna #RetirementSavings #PassiveInvesting #ActiveManagement #RevenueSharing #DepartmentOfLabor #408b2Notice #CompoundGrowth #HiddenFees #FinancialLiteracy #WealthManagement Keep every episode free: buymeacoffee.com/fexingo