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An Empirical Analysis of the Drivers of Record Keeping Cost in U.S. Defined Contribution Plans

An Empirical Analysis of the Drivers of Record Keeping Cost in U.S. Defined Contribution Plans

by Janjaap Weeda, Jim Stamper, Kevin Vandolder, Pouya Behmaram | Aug 20, 2024 | Research

Recordkeeping cost in our $1.3 trillion DC database vary widely, from $20 to $80 per participant annually. This analysis explains this variance from a line-up and plan characteristics perspective: Key cost drivers include economies of scale, managed accounts, and...

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