ups teamster 401k plan cost

Discussion in 'UPS Discussions' started by over10.5, Jul 26, 2013.

  1. over10.5

    over10.5 Member

    I should know this, but what is the cost of our 401k maintenance fee? Does ups cover the fees or are we charged 1%-2.5% a year? Thanks
     
  2. ups hero

    ups hero Member

    I'm pretty sure the maintenance fee varies depending on which plan you invest in. I check mine on the prudential web site every week. I love watching it grow. For instance, I'm in pretty much the savings plan. I'm really conservative about my money. I get charged a little over 2 bucks a month. But as I said it all depends which plan your in
     
  3. browniehound

    browniehound Well-Known Member

    It depends on the funds your invested in. Funds that require the most management like balanced fund are 6 basis points and funds that require little management like the index funds are 2 bps. 1 bp = .01% of the amount invested. And no, UPS does not cover the fees we are charged. Not sure why they would? or how they would have access to your private account info?