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Iraqi Dinar Facts
The primary drivers of (401k plan) fees are average account balance and number of participants, which combined, represent plan size.
Fees, measured as a percentage of assets, tend to decline as account balances and number of participants increase. Defined contribution/401(k) plans have fixed administrative costs necessary to run a plan that tend to cause smaller plans to have higher relative fees as a percentage of assets or per participant. As a plan grows in size, economies are gained which spread the fixed costs over more participants and a larger asset base. (SOURCE: Deloitte/Investment Company Institute 'Defined Contribution / 401(k) Fee Study')
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