  Securities and investment advisory services offered through H. Beck, Inc., Member FINRA, SIPC. H. BECK, Inc. and BRE Financial Solutions, Inc, are unaffiliated entities
  
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 Fees are not well understood or disclosed in the retirement plan arena. There are custodial fees, administrative fees, participant fees, investment management fees, revenue sharing fees, wrap fees, and 12-b1 fees, just to name a few. Each of these fees can have a negative impact on a participant's ability to save for retirement as they are typically taken out of the participant's account before returns are calculated. Some of these fees are necessary and reasonable, while others may not be. The net result is that a plan sponsor's need to understand and manage these fees is a fiduciary responsibility that is largely overlooked, if only because of the poor disclosure that currently exists. Imagine if your plan had fees that could be reduced by $10,000.00 a year. Over 10 years that would equal over $100,000.00 that could stay with participants.
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