Fee Transparency: Growth of $50,000
Plan sponsors often do not know the true cost of their 401k plan. Between custody, third party administration, consulting and mutual fund fees, plan participants can experience a drag on their investment returns of over 2% annually. Town Lake Capital Management provides an estimate of fees up-front. In addition to our transparency, Town Lake Capital utilizes low-cost index funds. In an illustration of fee minimization on participant account balances, a 1% difference in fees applied annually can equate to more than $240,000 increase in assets at retirement.