There is nothing wrong with being thrifty. You should never pay full price for something that you can get on a discount. Being thrifty is different from being cheap. Being cheap is about not wanting to pay for something just because you don’t want to pay for it. I was a Vice President at my former Synagogue and nothing irritated me than members who didn’t want to pay their dues when everyone knew they could afford to pay for it. When it comes to sponsoring a retirement plan, plan sponsors have a duty to pay only reasonable plan expenses, which means they have to be thrifty. Paying reasonable plan expenses isn’t about paying as little as possible, so it means that plan sponsors don’t need to be cheap. Quite honestly, they can’ afford to be cheap because being cheap can cost a plan sponsor a lot more in the long run.