Category Archives: Fiduciary

Mashed Potato Pricing

Mashed-Potato Pricing in DC Plans: How to Reclaim the Upper Hand

The goal of a fiduciary process is not to offer the cheapest fees, but rather determine what services the plan needs, then find the best quality of services at reasonable, competitive fees—driving value for the plan. We’ve allowed the selection of retirement plan service providers to slip into “mashed potato pricing”.

May 22, 2019

Creative practices by providers in how they bid retirement plans are great. But, how much additional liability do they create for plan sponsors? Let’s say you want to add a spare...

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