Excessive Recordkeeping Fee Analyzer
Recordkeeping should cost a reasonable, flat amount per participant. This analyzer estimates how far your plan's per-participant recordkeeping fee sits above a reasonable benchmark — and the compounded cost to your own account.
Is your 401(k) quietly costing you money?
Most people have no idea what their workplace retirement plan charges them — or how much it quietly adds up to over the years. These free tools spell it out in plain English. No jargon, no cost, and nothing you need to look up.
Excessive Recordkeeping Fee Analyzer
Part of your plan's cost just pays to keep the lights on — statements, the website, the call center. This 'recordkeeping' fee should be a small, flat amount per person, but some plans charge far more than they should. See whether yours looks high, and what the overcharge may be costing you. Typical numbers are filled in if you don't know yours.
Paying a bit more to run a plan is normal — paying far more than comparable plans is not, and courts have taken notice. If yours looks high, a free review can check it.
Worried by what you see? Talk to an attorney — free.
You don't have to understand any of this. If these numbers look off, a free, confidential review will tell you in plain English whether your employer's plan may owe you money. You pay nothing unless money is recovered, and your employer is never contacted without your okay.
A quick note. These tools give rough, illustrative estimates based only on what you enter and on simple assumptions (steady yearly growth, no taxes). They are not financial or legal advice, not a prediction of any outcome, and they don't prove that anyone did anything wrong or that any money can be recovered. Any actual recovery is decided by a court and depends on facts these tools can't capture. Using this tool doesn't make us your lawyers, and prior results don't guarantee a similar outcome. Attorney Advertising.
How to read your result
- Recordkeeping is largely a commoditized service — pricing has fallen significantly in the last decade.
- A per-participant fee well above benchmark, with no specialized services to justify it, is a common claim driver.
- Asset-based recordkeeping fees on large plans face particular scrutiny.
- Above-typical recordkeeping is one of the most frequently litigated 401(k) issues.
Common reasons plans get reviewed
If your result looks concerning, these are the practice areas that most often line up with what this tool measures.
Frequently asked questions
Does this tool cost anything?
No. It's free, anonymous, and there's no obligation. You don't have to share your contact info to use it.
Is this a guarantee of how much I can recover?
No. It's an illustrative estimate, not legal advice or a prediction of any individual outcome. Actual results in ERISA cases depend on the facts of the plan and the court.
What should I do if my result looks concerning?
Request a free, confidential case review. An ERISA attorney will tell you honestly whether your situation looks like a case.
How are the figures calculated?
Using transparent, illustrative formulas — compounding projections, published fee benchmarks, or weighted self-assessment scoring. The component shows its assumptions inline.
What's a reasonable recordkeeping fee per participant?
For most mid- to large-sized plans, roughly $20–$60 per participant per year is defensible. Significantly more, without justification, often appears in cases.
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- Contingency representation — no fee unless we recover.
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A few quick questions — no legal or financial know-how needed. We'll give you an honest read on whether your situation is worth a closer look.
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