Fenced Money Strategy

[veritas]

A small fee

I've never seen an IRA where a 3% custodial fee was applied.

If your 401-k has a 2-3% custodial fee, you need to change employers because they aren't looking out for your best interest.
I have sold 401-k plans and the worst case scenario is about 1.90% annual fee for a small business plan for the mutual fund company I used. We were the person signing up all the employees, educating them and doing all followups. Of that 1.9% - about .8% was the mutual fund fee, .7% came to me and the rest was the mutual fund custodian fee.

if you ask me. Most likely there would be little or no retirement savings for those employees without your assistance. Return without your help, 0%.