Is $45/year in matintenance fees for a 401k / 403B high?

[windypig]

My employers retirement plan (Fidelity NetBenefits) in which I am 100% investing in Vanguard Target Date Retirement funds (.18% expense ratio - no transaction fee) charges me a $11.50/quarter maintenance fee. Is this absurd? To me it seems like I shouldnt pay anything but not quite sure what the norm is. Anyways, can I not pay these fees somehow? Ive noticed I am offered Fidelity "Brokerage Link" - perhaps that would be a strategy. What do you pay?

[Grateful Stache]

If it's a flat fee, then that's actually a pretty good deal. There are many fees that are based on the total amount of your portfolio, so it could be much worse.

[Cheddar Stacker]

I pay an admin fee of 0.50%. I have a six figure balance. It adds up to a lot of money.

[seattlecyclone]

My current employer has a quarterly fee that's about the same as yours. The plans at my previous employers have not had maintenance fees.

[geekette]

DH's previous employer (also with Fidelity) added a $15.50/quarter fee as of January, with the note that if you pull out your money mid-year, they'll charge for the full year regardless.