Financial Engines 401K Service Pros/Cons?

Are these people any good? My company has started offering them to help employees with their 401K plans. They charge .6% per month as their fee or about $5 per 10,000 value.

Is this a rip off?

Or is this not so bad?

can you do it for cheaper?

I think you will find that their fees are reasonable compared to the services offered by other managed accounts program. If you are not open to the whole managed account thing, then your company may have also signed up for their online tool. There is no cost to you to use the online tool. It basically gives you the same information, but the managed accounts program does all the work for you.

check it out

- kerry