FEEDUCIARY exists to make the process of benchmarking 401(k) fees accessible, fast, and defensible — so plan sponsors can fulfill their fiduciary duty without needing a team of consultants.
Under ERISA law, every 401(k) plan sponsor is legally required to ensure the fees paid to service providers are “reasonable.” This isn't optional — it's a fiduciary duty backed by personal liability.
Yet most plan sponsors have never done a formal fee benchmark. They receive their 408(b)(2) disclosure annually, file it away, and hope for the best. That's a growing legal risk as DOL audits increase and ERISA fee litigation reaches record levels.
The alternative — hiring an investment consultant or ERISA attorney for a formal fee study — costs thousands of dollars and months of work. Most small and mid-size plans simply don't do it.
$1B+
Recovered in ERISA fee settlements since 2020
700,000+
Active 401(k) plans in the U.S. subject to ERISA fee obligations
<20%
Estimated share of small-to-mid plans with formal fee benchmarking
FEEDUCIARY makes fee benchmarking a 10-minute task, not a 10-week project. Plan sponsors enter their fee data once, and we generate a benchmark report compared against current market rates — organized by plan size so you're always compared to your peers.
Fiduciary First
Every feature is designed around one question: does this help plan sponsors meet their ERISA duty to document fee reasonableness?
Benchmarks That Matter
We don't compare you to abstract averages. We benchmark against current market rates for plans your size — because that's what the DOL actually looks at.
Documentation Ready
Your fiduciary file needs more than a gut feeling. Our reports are formatted to be attached directly to your minutes or uploaded to your recordkeeper.
Built for Plan Sponsors
Not every plan sponsor has an investment committee or outside counsel. FEEDUCIARY is accessible to the person who received the 408(b)(2) and isn't sure what to do with it.
FEEDUCIARY was built by someone who has seen the retirement plan industry from every angle — as a financial advisor, on the operations side at a recordkeeper, and as a plan administrator responsible for the decisions that keep a plan compliant.
That experience made one thing clear: plan sponsors are routinely handed fee disclosures they don't have the tools to evaluate. The data exists — what's been missing is a fast, practical way to benchmark it against the market.
FEEDUCIARY was built to close that gap — giving every plan sponsor, regardless of size or resources, the same benchmarking capability that was previously only available to large plans with outside consultants.
Create a free account and run your first benchmark in under 10 minutes. No credit card required for the Basic report.