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REDDIT

Small business safe harbor 401k plan has 1.5% expense ratios

L
May 3, 2026 · 13:09

I am buying out my father's small business. Slow process, but in progress. His financial advisor also provides our 401k plan. Its a capital group american funds account. I'm looking at the expenses for the first time and it seems like we are paying way too much in expense ratios? Am I wrong?