How Your 401k Provider Makes Money While You Save

Episode 11 of The 401k Podcast breaks down the hidden revenue streams inside your employer-sponsored retirement plan. Lucas and Luna examine the three main ways 401k providers profit — revenue sharing from mutual funds, sub-transfer agent fees, and float income on cash balances — using actual data from a typical $500 million plan. They walk through how a 1% expense ratio fund might actually cost you 1.25% when you factor in these invisible charges, and how plan sponsors can use fee disclosure audits to negotiate better terms. The episode also explains why many participants unknowingly pay more in fees than their employer match is worth, and what the Department of Labor's latest guidance means for fiduciary oversight. A practical episode for anyone who wants to understand what their retirement plan actually costs. #401kFees #HiddenRevenue #RevenueSharing #SubTransferAgentFees #FloatIncome #ExpenseRatio #PlanSponsor #FiduciaryDuty #FeeDisclosure #RetirementPlanning #EmployerPlan #MutualFundFees #CashSweep #DOLGuidance #ParticipantCosts #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo