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Expenses range from the rock bottom (Vanguard's 2045 fund costs 0.18percentt of assets) to the jaw-dropping (Allstate's ClearTarget 2015 fund costs 3.33percentt), according to Morningstar.
Barclays calculates that lower-than-expected fund costs will cut spending by about £1.2bn this year.
The S.E.C. proposal would require annual and semiannual reports to include two examples of fund costs.
Across the 82 large fund companies studied, fund costs tended to increase alongside higher director salaries.
The average money-market fund costs half a percentage point annually, according to iMoneyNet.
And fund costs can add up, especially if you stay in the fund for your entire career.
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Last year Albany eliminated the 23-year-old stock transfer incentive fund, costing the city $114 million annually.
BEST: That nifty mutual fund cost calculator.
Those forecasts underscore the importance of looking at fund cost.
Prototype Carbon Fund cost estimates are slightly higher (Lee 2004).
Vanguard's calculation includes many exchange-fund costs that it thinks are overlooked, including brokerage commissions, bid-ask spreads and minimum charges for brokerage accounts with assets below a threshold of $20,000 or $30,000.
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