BENCHMARK 401(k) FEES.
Take steps to assure your plan’s fees are reasonable
Developed by Fiduciary Firewall Consulting℠, FeeInsight℠ is designed to help Plan Sponsors fulfill their ongoing obligations under ERISA §408(b)(2) to document and monitor total plan fees to assure they are reasonable and remain reasonable over time.
This fee audit, analysis, and benchmarking study compares total plan fees and service provider compensation against the average paid by plans of similar size and complexity.
In addition to peer group benchmarking, we have developed a unique methodology that compares your plan’s fees against the absolute baseline internal fiduciary cost of plan operations. This is a dollar-based, cost-plus analysis of the services currently being provided to the plan.