401k fee reduction

Meeder Investment Management firm has informed us that the management fee for the plan participants has been reduced. In a MEEDER Investment Management letter dated April 29, 2014 it was announced that the Plan Administrator portion of  the management fee has been reduced from 20 bps to 15 bps, the new management fee is now 40 bps. The management fee can be found under the Fee Disclosure section of the Nationwide Retirement Plans website