Opened the mail today to find a letter from Vanguard. It seems later this year they are going to "partner" with Newport Group to offer enhanced record-keeping capabilities as well as some other services (most questionable in my opinion). And they are only going to charge me $5 a month for the service.
One of the reasons I went with Vanguard instead of Fidelity is that I have the perception that they were the lowest cost provider of 403(b) accounts. I know as far as fees go $5 a month is not that bad, and could be a lot worse, judging by what other plan providers charge. Still, It bugs me.
Anyone else get the letter?