Are Your 401(k) Fees Reasonable?
FEEDUCIARY is the only self-service 401(k) fee benchmarking tool built for plan sponsors. Compare your fees against national market data in minutes — no advisor, no RFP, no waiting.
No credit card required. Results in under 5 minutes.
The Self-Service 401(k) Fee Benchmarking Tool Plan Sponsors Have Been Waiting For
Traditional 401(k) fee benchmarking requires hiring a consultant, issuing an RFP, or waiting weeks for a report. FEEDUCIARY changes that. Our free 401(k) fee benchmarking tool lets plan sponsors run an independent fee review in under 5 minutes — no advisor needed.
Enter your plan assets, participant count, and fees from your 408(b)(2) disclosure. FEEDUCIARY instantly benchmarks your costs against current national market rates for plans of your size and generates a fiduciary documentation report you can keep on file.
The Fiduciary Fee Problem
Under ERISA, every 401(k) plan sponsor is a fiduciary with a legal obligation to ensure plan fees are "reasonable." Yet most plan sponsors have never benchmarked their fees against the market. Fee-related lawsuits — including class actions against Fortune 500 companies — are at an all-time high. The DOL is actively auditing plans. The question is not whether you should review your fees. The question is whether you can document that you did.
Benchmark Your Fees in 3 Steps
No consultants. No RFP. No waiting weeks for a report. FEEDUCIARY delivers instant, defensible benchmarks.
Create Your Account
Sign up with your name, email, and basic plan information. No credit card required for Basic.
Enter Your Plan Details
Input total plan assets, number of participants, and the total fees from your 408(b)(2) fee disclosure.
Get Your Benchmark Report
Instantly see how your fees compare to national averages for similarly-sized plans. Know your verdict.
Everything You Need to Fulfill Your Fiduciary Duty
FEEDUCIARY gives plan sponsors and advisors the data and documentation to confidently demonstrate fee reasonableness.
Instant Fee Benchmarking
Compare your 401(k) fees against national averages for plans of your size in seconds.
ERISA Fiduciary Documentation
Generate a benchmark report to document your fee review process for your fiduciary file.
Identify Savings Opportunities
Discover if you're overpaying and estimate potential annual savings from renegotiation.
Reduce Litigation Risk
Fee-related ERISA lawsuits are rising. Proactive monitoring is your first line of defense.
ERISA Education Hub
Learn what you need to know: fiduciary duties, fee types, disclosure requirements, and more.
Plan-Year-Over-Year Tracking
Track how your fees change over time and document your ongoing monitoring for compliance.
Simple, Transparent Pricing
Start free. Upgrade when you need more.
For plan sponsors who need a quick fee sanity check.
- Total fees vs. national average
- Fee as % of plan assets
- Per-participant fee benchmark
- Benchmark verdict (below / at / above market)
- Fiduciary documentation report
- Account dashboard & report history
For advisors and sponsors who need a comprehensive fee analysis.
- Everything in Basic
- Advisor fee benchmarking
- TPA fee benchmarking
- Audit fee benchmarking
- Fund expense ratio analysis
- Per-component benchmark breakdown
- Branded downloadable PDF report
- Priority support
For control groups, PE portfolios, and advisors managing multiple plans.
- Everything in PRO
- Multi-plan management
- Custom benchmarking methodology
- RFP assistance & negotiation support
- Dedicated fiduciary consultant
- Legal referral network
- Custom reporting & white-labeling
New to Fiduciary Responsibilities?
Our ERISA Education Hub covers everything plan sponsors and administrators need to know — from what a fiduciary is to how to read a 408(b)(2) disclosure and what "reasonable fees" actually means under the law.
Explore the Education HubFrequently Asked Questions
Common questions about 401(k) fee benchmarking for plan sponsors.
What is a 401(k) fee benchmarking tool?
A 401(k) fee benchmarking tool compares your plan's fees against market data for similarly-sized plans. It tells you whether your recordkeeping, advisor, TPA, and fund fees are below market, at market, or above market — and by how much. FEEDUCIARY is a free, self-service 401(k) fee benchmarking tool that delivers results in minutes.
Is there a free 401(k) fee benchmarking tool for plan sponsors?
Yes. FEEDUCIARY offers a free 401(k) fee benchmarking tool with no credit card required. Plan sponsors can benchmark their total recordkeeping fees against national averages and receive a fiduciary documentation report at no cost. A PRO plan ($499/year) adds advisor, TPA, audit, and fund-level benchmarking.
What does self-service 401(k) fee benchmarking mean?
Self-service 401(k) fee benchmarking means plan sponsors run their own fee analysis — no advisor, consultant, or RFP process required. FEEDUCIARY is the only self-service 401(k) fee benchmarking platform where you enter your plan details and instantly receive your benchmark result and documentation report.
How often should plan sponsors benchmark their 401(k) fees?
The Department of Labor (DOL) and ERISA best practices recommend plan sponsors benchmark their 401(k) fees at least annually. Regular benchmarking helps demonstrate a prudent fiduciary process and creates a documented record in the event of a DOL audit or participant lawsuit.
What information do I need to benchmark my 401(k) fees?
To use FEEDUCIARY, you need your total plan assets, number of participants, and the fees listed on your 408(b)(2) fee disclosure. The benchmarking process takes under 5 minutes. Your 408(b)(2) disclosure is available from your recordkeeper and is legally required to be provided annually.
Why should plan sponsors benchmark their 401(k) fees?
Under ERISA, plan sponsors have a fiduciary duty to ensure all plan fees are 'reasonable.' Failure to monitor and document fee reasonableness is one of the leading causes of 401(k) lawsuits. Fee benchmarking is how plan sponsors demonstrate they have met this duty — and FEEDUCIARY makes it fast and free.
Ready to Know If Your Fees Are Reasonable?
Join the plan sponsors and fiduciaries who use FEEDUCIARY to document their fee review process and reduce litigation risk.
Get Started Free