Compare Your Fees
Benchmark Your 401(k) Provider Fees
Small businesses have a fiduciary responsibility to pay only reasonable fees because all fees paid from plan assets - even the hidden ones - lower the investment returns of plan participants dollar-for-dollar.
To prove 401(k) fees are reasonable, they must be benchmarked - basically, compared to comparable plans or industry averages on an apples-to-apples basis.
We can help you benchmark your fees. We offer a no-cost fee comparison service. Request a fee comparison from us and we'll provide you with a report that shows...
- Your current plan's all in fees (administration + investment fees), including any hidden fees charged by your 401(k) provider
- How much a comparable plan would cost?
- Fiduciary Responsibilities
Needed Information
408(b)(2)
Statement of Assets Report
Adoption Agreement or SPD
408(b)(2) fee disclosure, Ascensus is obligated by Department of Labor regulations to provide this to employers. This document contains plan-level information on the direct fees they’re charging, as well as any revenue sharing payments they receive from the funds. This information is intended to help employers evaluate the “reasonableness” of their 401(k) fees.
Adoption Agreement or SPD
Statement of Assets Report
Adoption Agreement or SPD
Adoption Agreement or SPD
Statement of Assets Report
Statement of Assets Report
Statement of Assets Report
This is a spreadsheet or document that shows the total amount of money invested in each fund for your company’s entire plan. Since the 408(b)(2) only discloses fees as percentages, we’ll need this to calculate exactly how much you’re paying your provider.
Please Upload Documents Here
Please upload your documents into our secure portal. Within 24 hours we will send you a fee benchmark and a summary of your overall plan.
