401(k) Plan Fees: Various Types and Who Pays

Are you considered a Fiduciary for your Company’s 401(k) plan?  Are you a participant in your Company’s 401(k) plan and looking to get answers on what the different fees are that you are paying to be a participant?  If you answered yes to either of these questions, read on for explanations on a variety of …

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Classifying Expenses – Is it Program or Supporting Services

Not-for-profit organizations are required to report financial information about the functional classifications of expenses, such as major program services and supporting services. There is often confusion surrounding when to classify an expense as program related versus supporting services (which is usually management & general or fundraising).  Program services are activities that result in goods or …

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