My 401k plan

[alrocky]

Originally posted by: Special K

Originally posted by: dullard

Originally posted by: Special K
It would be easy enough to verify that by looking at the 401k's transaction history and comparing that to the NAV of the funds on the date of purchase.

Here is an example from one of my accounts. And that isn't an exception, that is the truth for most people with most plans.

So when you reinvest dividends, it gives you the actual NAV, but when you make a contribution, it gives you a purchase price of the NAV + fees?

I didn't realize that sort of thing was common. Although as I said in my previous post, it's easy to tell if your plan is charging you purchase fees.

His 401(k) is with American Funds which is a LOAD mutual fund company, and it appears he is paying said load with each purchase. (Dividend purchases incur no load.)

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Most people would be best served by skipping 401Ks altogether and just dumping their money into BRK-A or BRK-B.

:roll: $3k a pop not too practical for most people. Most are best served by contributing at least to the company match. IIRC a regular on the Boglehead's Forum posted that a 401(k)'s fees and expenses have to be pretty high to outweigh the benefit of 20/30+ years of tax deferred investing in said 401(k).

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Most of my funds are from the Blackrock Family of Funds.

Which funds in particular?