usps2013 wrote:ArrieS wrote:crondanet5 wrote:That was the party line. Dig around on this site in that time frame. 3,000 active retirement account Participants could not have moved the Fee needle that much. Keep researching. You are getting close.
Well let's look at what happens when 3,000 actively trade.
As of May 2015, the average balance by Thrift Savings Plan (TSP) investors in the FERS system was $118,602 and $6,423 in Roth accounts.
https://www.fedsmith.com/2015/07/07/how-do-you-compare-to-other-tsp-investors/#sthash.HvJnAn93.dpuf
Let's say the 3,000 are average. So their account balance all in is $124,725.
If they trade twice a week. In a year they have moved $38,914,200,000 in a year.
Tell me, what are the commissions on trading $38,914,200,000?
A better question is: in a free market, at what fee would a broker bid below to accept that much money?
So answer it.