Search found 4 matches

by jables
Tue Mar 21, 2017 12:40 am
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 1554

Re: bad 401k options at new job

we used to be with Edward Jones until the whole Fiduciary thing changed. We now have the same Edward Jones advisor but now through John Hancock. I'm not sure what the exact differences were under Edward Jones vs John Hancock. I'm curious if things got better or worse? I'm guessing it has to be worse...
by jables
Mon Mar 20, 2017 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 1554

Re: bad 401k options at new job

Regarding all the fees, in my research I've found two ways they stick it to you. The first is the obviously bloated expense ratios for each fund. The second is the account administrative expense fee. You can find this in your documentation. On the JH website, goto Review->Plan Notices-> 404a-5 Plan...
by jables
Mon Mar 20, 2017 2:24 am
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 1554

Re: bad 401k options at new job

thanks for the help everyone. I really appreciate the insight. Am i safe to assume the Expense Ratio is including all fees or is it still possible for John Hancock to hide fees elsewhere? I tried to read all of the fine print, but i feel like there was still a little bit of ambiguity there. Or maybe...
by jables
Sat Mar 18, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 1554

bad 401k options at new job

I just became eligible for my company's 401k. The good news is we get a 4% match and 6% Profit Sharing every year from the company. The bad news is we are with John Hancock and the fees are horrendous. We are a small company with about 20 employees so i'm sure that is part of the reason for higher f...

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