Guideline doesn’t charge you (the employee) any fees to participate in your employer-sponsored 401(k) plan so long as you are still employed*. Monthly fees are paid for entirely by your employer – lucky you!
Guideline strives to help you save more by selecting portfolio investments with low-cost fees and eliminating all asset-based fees (any % fees on participating employees’ retirement assets) from our managed portfolios other than those collected directly by the mutual fund company. By participating in a Guideline 401(k), you’re able to take advantage of one of the lowest portfolio AUM fees in the industry – with an overall expense ratio average of 0.07%
Check out this DOL article to learn more about how these types of fees impact your long-term savings.
*If you terminate employment, you have the option of keeping your funds with Guideline for a monthly fee, which will be charged after a 90-day grace period. See “What happens if I leave the company?” to learn more about your options.