Quote:
Originally posted by sebastian_dangerfield
2. The admin costs should be born by the person who holds the investment, rather than an employer. If the business was not manging a pension, it would have ZERO expenses, right? You got an option that beats $0.00 in admin expenses?
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I hate to wonk*(no I don't) but the point wasn't that admin costs are borne by company but that the pooling of all of that employee money together leads to decreased per capita administrative costs.
*The best is wonking without scrolling and making the same point that 5 people made 5 hours ago.