do 401 k plans have fees 
they do and they re commonly paid by the plan s participants the plan sponsor council of america estimates that they amount to about 30 billion annually but you can take a little heart because this number is spread over 60 million participants holding 3 trillion in assets erisa the employee retirement income securities act oversees 401 k plans but it has authority only over plan sponsors not their investment managers 6the bottom linefees and costs are common with all investment products at least to some degree and they can vary significantly among types of investments and brokerages your best bet is to inquire about them and pin down what and how much you ll be responsible for paying before you commit it can pay to shop around 