Senators from the antitrust subcommittee introduced a bill to cap "administrative fees" at 3% rather than abolish them.
There are four kinds: administrative fees, marketing fees (sometimes called 12-b1 fees), investment management fees and trading costs.
The promoter needs to do this to try to save administrative fees and keep the costs of the shelter down.
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Also, don't forget to call the lender to find out what fees it charges for loan origination, rate locks and administrative fees.
Many hedge funds take 2% of assets in administrative fees and 20% of annual profits, a model Mr. Buffett has criticized as offering pay for nonperformance.
And no cheating: you cannot simply recharacterize amounts that are ordinarily stated separately on the settlement statement, such as administrative fees and application fees, as points and take the deduction.
If Robin Hood takes something for himself (administrative fees) or is inefficient or corrupt, the middle class and poor get a smaller percentage of their taxes back in the form of positive rights.
Putnam Investments has been producing a full breakdown of administrative and investment fees since 2010.
Formed in April, the group favors an increase in fuel tax instead, because the administrative costs of implementing user fees are too high.
Individuals who donate through Network for Good, itself a nonprofit, pay an additional 3% to 5% to cover credit-card fees and other administrative costs.
"The case is about allowing a trustee to do his job, and freely deduct administrative costs including investment management fees as a business expense, " Cantrell says.
Looking at the total plan expenses, including administrative and record-keeping fees, the 401(k) Averages Book found that the average total expense for a small plan in 2012 was 1.46%, with a range between a low of 0.38% and a high of 1.97%.
This can result in additional fees, commissions and administrative costs.
The expense ratio of the mutual funds and certain administrative cost may be disclosed (at best), but other significant fees, such as brokerage, are not.
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Some investment companies count administrative costs as investment expenses, so investors might wrongly think they pay no fees at all.
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