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<blockquote data-quote="GeneralPike37vs26" data-source="post: 4699713" data-attributes="member: 85963"><p>After a couple of years of investing in my Bright Horizons 401k retirement fund I started looking a little closer into the fees. Can someone verify the fees to me. </p><p>At first glance it looks like there is a 5.5 basis points out of 100 which equals 5.5% off the top. (front end load) Does this sound right? So before they make you a single dollar you pay them 5.5%. Or am I doing the math wrong on basis points?</p><p>Then there is a fund management fee of 2.8 basis points.</p><p>I have to be doing this wrong.</p><p></p><p>[ATTACH=full]319648[/ATTACH]</p></blockquote><p></p>
[QUOTE="GeneralPike37vs26, post: 4699713, member: 85963"] After a couple of years of investing in my Bright Horizons 401k retirement fund I started looking a little closer into the fees. Can someone verify the fees to me. At first glance it looks like there is a 5.5 basis points out of 100 which equals 5.5% off the top. (front end load) Does this sound right? So before they make you a single dollar you pay them 5.5%. Or am I doing the math wrong on basis points? Then there is a fund management fee of 2.8 basis points. I have to be doing this wrong. [ATTACH type="full"]319648[/ATTACH] [/QUOTE]
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