Managed Fees for 401K - Fidelity

[sadlebred]

My company recently moved our 401K to Fidelity. They are offering a managed service for 0.22% of your 401K balance. From my research, this is a pretty good rate. They are also offering a 6 month trial for half price, 0.11%. I went ahead and signed up, since the fee will be a few dollars at most for the duration of the offer.

Have you had a managed 401K before? Did you like it? Did you think it was worth the fee? Any pluses or minuses?

[mlkgls]

Feb 26, 2021 10:56:59 GMT -5 sadlebred said:

My company recently moved our 401K to Fidelity. They are offering a managed service for 0.22% of your 401K balance. From my research, this is a pretty good rate. They are also offering a 6 month trial for half price, 0.11%. I went ahead and signed up, since the fee will be a few dollars at most for the duration of the offer.

Have you had a managed 401K before? Did you like it? Did you think it was worth the fee? Any pluses or minuses?

Would you mind reporting back on your experience in 6 months or so? I looked into this for a hot second a while back, but couldn’t justify the fees. I think they were higher than even 0.22% though. 

[sadlebred]

Feb 26, 2021 19:27:44 GMT -5 mlkgls said:

Feb 26, 2021 10:56:59 GMT -5 sadlebred said:

My company recently moved our 401K to Fidelity. They are offering a managed service for 0.22% of your 401K balance. From my research, this is a pretty good rate. They are also offering a 6 month trial for half price, 0.11%. I went ahead and signed up, since the fee will be a few dollars at most for the duration of the offer.

Have you had a managed 401K before? Did you like it? Did you think it was worth the fee? Any pluses or minuses?

Would you mind reporting back on your experience in 6 months or so? I looked into this for a hot second a while back, but couldn’t justify the fees. I think they were higher than even 0.22% though. 

I will! For 0.11% it's sorth a try since it is, literally, a few dollars for 6 months.