The 401k Managed Account Fee Your Plan Is Hiding

Most 401k participants think they're paying zero investment advice fees. That's usually wrong. Lucas and Luna unpack the managed account service quietly embedded in many employer retirement plans — a feature that auto-enrolls you into a daily portfolio management fee of 0.30 to 0.50 percent on top of fund expense ratios. They walk through a concrete example: a 45-year-old with $150,000 in her 401k paying 0.40 percent annually for a robo-advisor she never explicitly signed up for. Over 20 years, that extra drag costs roughly $18,000 in foregone growth. The hosts explain why plan sponsors add these services, when they actually add value, and the three questions you should ask your benefits team before opting in or out. No hot takes — just the math and the decision framework. #401k #ManagedAccount #RetirementFees #ERISA #FiduciaryRule #RoboAdvisor #FeeDisclosure #PlanSponsor #ParticipantAdvice #InvestmentManagement #RetirementPlanning #WealthManagement #PassiveInvesting #TargetDateFund #EmployeeBenefits #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo