July's quarterly TSP publication came out today.
https://www.tsp.gov/PDF/formspubs/high14c.pdfIgnoring the nonsense spewed about on the first page, my real question is about the table footnote ** at the bottom of the 2nd page.
**Net administrative expenses are the expenses charged to TSP participants per dollar invested in the respective funds after offsetting gross administrative expenses with account forfeitures and loan fees.
I mean, I'll take the reduction from the gross to net admin expense surely but I was curious if this is the norm for 401k plans and other similar programs.
If you have a 401k, does your company charge a net amount for admin fees rather than gross after using some type of offset?
Edit: Poll added.