Ex-EY employees: Did you keep your 401k with EY through Fidelity? If yes, what are the fees?

Thank you in advance. I’m trying to plan for the future.

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I left mine because I have a loan and if I move it, the loan automatically goes into default (would be treated as a withdrawal and I would have to pay tax on it) unless I pay it off. This way I can continue to make the normal payments monthly. My new employer also has Fidelity, so I don't think it makes much of a difference for me.

likehelpful

I kept mine. It has done amazingly well so I didn’t want to move it and it continues to do well. I don’t have fees in mine but also just kind of set it and forget it. I have other fidelity accounts too.

likehelpful

Thank you! I’ll have one less thing to worry about changing. 😁

likefunny

Wow EY is nice. We have Merrill Lynch which is bad.

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KPMG also uses ML. The companies have to make money somehow and fee options were around .03% for S&P 500 if I recall correctly.

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I'm pretty sure you'd still be charged the quarterly record keeping fee of like$6.25 but otherwise no fees except the underlying expense ratios which are low for most options.

Yes, I expected that. Thank you!

I get charged $15 a quarter

You're right, it's the HSA

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