[wj]

From my experience costs for a 401(k) can be all over the board and the larger the plan the less the fees will be as a percentage of assets. I've seen as low as 20 bps and as high as 100 bps. The fees usually involve an advisor fee, a recordkeeper fee, and a custody and trust fee. A lot of providers provide all three services and bundle that into one fee. Some advisors use third party recordkeepers and a separate custodian and then all three parties bill separately.

Some companies will hit participant assets for all fees for the plan and then end up paying nothing themselves. I really dislike that practice as it kind of takes a lot of the benefit out of the benefit. :)

[jhundal]

Employee Fiduciary is at 8 bps: http://www.employeefiduciary.com/401k-plan-pricing/

Don't know if they would come out lower than Captain401 though (no mention of any cut of the overall assets on the Captain401 page, if that's correct, they're very likely lower priced).

[wj]

That is definitely lower than I have seen (edit: for mid-sized plans at least). Thank you for bringing that to my attention.

Is that advisory only? I don't see any mention of that including recordkeeping and custodial services in that fee but do see them on another page.

[jhundal]

I don't have anything to do with the plan (just keeping my head up about how the business runs :) ), but from the FAQ (http://www.employeefiduciary.com/401k-faq/) it looks like they use a third party (MG Trust) for custodial services, paying them out of the asset based fee they already charge. Nearly certain that the recordkeeping is included (we're using it anyways), so the fees listed may in fact cover everything.