As the time owning my house is coming to an end, my wife and I are embarking on one last project: renovating a patio that should have been replaced when we bought the house 18 years ago.

Trying to not replicate the mistakes of the past, we got a couple of bids and the difference between the pricing was wide. For the price of concrete offered by one bidder, we are getting the pavers my wife wanted. Happy wife, happy life.

When it comes to retirement plan service,  you have a fiduciary duty to pay only reasonable plan expenses. You can’t afford to just pick one provider for a bid. Unlike my patio project, you need to back up the fact that you checked other providers because that’s the only way you can determine whether services are reasonable or not.