I was reading through my annual 401(k) documents and I noticed the sections on the typical fees.
- Administrative Fee - 0.70%
- Recordkeeping Fee - $29.95 per year
I've only been with one employer so I don't know the relative cost if this is high, medium or low.
"On average, expenses associated with the administration of the plan are currently approximately 0.70% of participant account balances. There is a quarterly fixed fee charged to you account for recordkeeping services and most other expenses are allocated to accounts on a proportionate basis."