What are the two main differences between Advisors 401(k) and other 401k plans?
Cost is the primary difference — It could well be the mitigating factor in whether or not your company can sponsor a 401k. No competing plan is priced as economically as Advisors 401(k). Virtually all other plans charge extra for 401k loans, hardship withdrawals, additional investments, etc. Investment choice is another major source of variation: Advisors 401(k) lets you pick investments from hundreds of today’s most popular mutual fund families. Most other plans offer far less selection; some limit you to no choice — they preselect the investments, usually their own, — and may charge significant fees for additional, non-proprietary investments. Advisors 401(k) offers an extensive array of investment options, and each mutual fund family likewise offers a spectrum of portfolios to meet diverse investment objectives and changing investment strategies.
