Comments on: Announcing the BrightScope Personal 401k Fee Report http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/ Tue, 20 Dec 2011 20:32:18 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Jay Tuley http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-19101 Jay Tuley Tue, 28 Sep 2010 19:35:30 +0000 http://www.brightscope.com/blog/?p=1594#comment-19101 When you have a link "Open an IRA Today" and have a list of Brokers it looks like you are selling IRA rollovers or getting money from brokers to promote their specific products. This seems contrary to the FAQ, is this not the case? When you have a link “Open an IRA Today” and have a list of Brokers it looks like you are selling IRA rollovers or getting money from brokers to promote their specific products. This seems contrary to the FAQ, is this not the case?

]]> By: Vanguard Capital – Investment Services | BrightScope, San Diego Launches Personal 401(k) Fee Report http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-18464 Vanguard Capital – Investment Services | BrightScope, San Diego Launches Personal 401(k) Fee Report Wed, 22 Sep 2010 07:45:28 +0000 http://www.brightscope.com/blog/?p=1594#comment-18464 [...] Posted by admin in Noteworthy Reposts on 22 Sep 2010 | Comments Off BrightScope Launches Personal Fee Report [...] [...] Posted by admin in Noteworthy Reposts on 22 Sep 2010 | Comments Off BrightScope Launches Personal Fee Report [...]

]]> By: Vanguard Capital – Investment Services http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-18463 Vanguard Capital – Investment Services Wed, 22 Sep 2010 07:38:23 +0000 http://www.brightscope.com/blog/?p=1594#comment-18463 [...] Posted by admin in Noteworthy Reposts on 22 Sep 2010 | No comments BrightScope Launches Personal Fee Report [...] [...] Posted by admin in Noteworthy Reposts on 22 Sep 2010 | No comments BrightScope Launches Personal Fee Report [...]

]]> By: Ryan Alfred http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-8084 Ryan Alfred Mon, 15 Feb 2010 18:59:19 +0000 http://www.brightscope.com/blog/?p=1594#comment-8084 @John - Thanks John. We appreciate your support. @Andrew - We are working on a few initiatives to offer this tool to a larger pool of people. You will likely see an announcement in the next few months about this. @Becky - Some fees do not show up in the report because the plan sponsor is footing the bill rather than the participants. In other cases the fees don't show up because of an error in the filings. Obviously the tool becomes more valuable when the information is completely accurate and up-to-date. If you find an inaccuracy with a certain plan please let us know so that we can work with that sponsor and provider to update the information. Thanks, Ryan Alfred @John – Thanks John. We appreciate your support.

@Andrew – We are working on a few initiatives to offer this tool to a larger pool of people. You will likely see an announcement in the next few months about this.

@Becky – Some fees do not show up in the report because the plan sponsor is footing the bill rather than the participants. In other cases the fees don’t show up because of an error in the filings. Obviously the tool becomes more valuable when the information is completely accurate and up-to-date. If you find an inaccuracy with a certain plan please let us know so that we can work with that sponsor and provider to update the information.

Thanks,
Ryan Alfred

]]> By: Becky Hopkins http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-7979 Becky Hopkins Fri, 12 Feb 2010 16:15:59 +0000 http://www.brightscope.com/blog/?p=1594#comment-7979 I think the tool is very helpful but what if the plan sponsor did not provide complete fee information? There is a specific case I noticed where the provider is a regional bank and they charge a trust management fee of 65 basis points, but it appears that was not disclosed by the plan sponsor, possibly because they do not know it is there or how to report it. Wouldn't this create incorrrect information for their particpants? Is there a way to ensure accuracy of the fee information being provided by the sponsor? I think the tool is very helpful but what if the plan sponsor did not provide complete fee information? There is a specific case I noticed where the provider is a regional bank and they charge a trust management fee of 65 basis points, but it appears that was not disclosed by the plan sponsor, possibly because they do not know it is there or how to report it. Wouldn’t this create incorrrect information for their particpants? Is there a way to ensure accuracy of the fee information being provided by the sponsor?

]]> By: Andrew Meyer http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-7279 Andrew Meyer Thu, 21 Jan 2010 15:43:34 +0000 http://www.brightscope.com/blog/?p=1594#comment-7279 This is a great tool for those participants willing to make the effort. I'm wondering what you're doing to get this to a larger pool of people? The people who would most benefit are least likely to take the initiative. BrightScope provides a great service at the company level and this is an excellent addition at the participant level. Congratulations. This is a great tool for those participants willing to make the effort. I’m wondering what you’re doing to get this to a larger pool of people? The people who would most benefit are least likely to take the initiative.

BrightScope provides a great service at the company level and this is an excellent addition at the participant level. Congratulations.

]]> By: John Ftizgerald http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-7247 John Ftizgerald Wed, 20 Jan 2010 17:07:00 +0000 http://www.brightscope.com/blog/?p=1594#comment-7247 This is potentially the most lethal of all the tools available to 401k participants through BrightScope - and the sheer value of this new offering could be immeasurable. This is potentially the most lethal of all the tools available to 401k participants through BrightScope – and the sheer value of this new offering could be immeasurable.

]]> By: Paul Petillo of Target2025.com http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-7245 Paul Petillo of Target2025.com Wed, 20 Jan 2010 15:06:57 +0000 http://www.brightscope.com/blog/?p=1594#comment-7245 Well done gentlemen. In a world of shadowy investment corners, you are sending these plans scattering for cover. Well done gentlemen. In a world of shadowy investment corners, you are sending these plans scattering for cover.

]]> By: Tweets that mention Announcing the BrightScope Personal 401k Fee Report | BrightScope Blog -- Topsy.com http://www.brightscope.com/blog/2010/01/19/announcing-the-brightscope-personal-401k-fee-report/comment-page-1/#comment-7233 Tweets that mention Announcing the BrightScope Personal 401k Fee Report | BrightScope Blog -- Topsy.com Tue, 19 Jan 2010 23:38:11 +0000 http://www.brightscope.com/blog/?p=1594#comment-7233 [...] This post was mentioned on Twitter by Ryan Alfred, Eddie Alfred. Eddie Alfred said: RT @BrightScope Announcing the BrightScope Personal 401k Fee Report http://ow.ly/1nhwS5 [...] [...] This post was mentioned on Twitter by Ryan Alfred, Eddie Alfred. Eddie Alfred said: RT @BrightScope Announcing the BrightScope Personal 401k Fee Report http://ow.ly/1nhwS5 [...]

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