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Jumbo 403(b) Plan Hit With Excessive Fee Suit Fiduciaries of the Wake Forest University Baptist Medical Center plan are accused of failing to ensure reasonable investment fees and mismanaging revenue sharing to pay for administrative expenses. Reported by Wake Forest University Baptist Medical Center, its board of directors and its retirement benefit committee have been sued for allegedly failing to ensure the plan and its participants paid reasonable fees for investments and administration. The complaint alleges that many of the mutual funds in the Wake Forest Baptist Medical Center 403(b) Retirement Savings Plan were more expensive than comparable funds found in similarly sized plans those with more than $1 billion in assets. It says the expense ratios for the funds in the plan were up to 280%, in one case, and up to 273%, in another, above the median expense ratios for funds in the same investment category.

Wake forest baptist medical centerWake forest medical centerWake forest university baptist medical centerRetirement savings planஎழுந்திரு காடு ஞானஸ்நானம் மருத்துவ மையம்எழுந்திரு காடு மருத்துவ மையம்எழுந்திரு காடு பல்கலைக்கழகம் ஞானஸ்நானம் மருத்துவ மையம்ஓய்வு சேமிப்பு திட்டம்