Why 401(k) Plans are Such a Rip-off in One Chart

FourWaysMoneyCanBeSpentMiltonFriedman_Shadow

This chart illustrates exactly why employers overwhelmingly do not seek to understand service provider fees and what they get in return.  Employers simply lack the incentives to control costs or seek the highest value because of their ability to pass on the costs to participants instead of writing a check.

I created this website and drafted this letter to make this process easier for employers and employees:

http://401kprovidersearch.com

http://paulsippil.com/letter-for-participants/

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