A Clearer View of Fees

The ComperioAdvantage: A Clearer View of Fees

The Environment

Regulatory pressures, legislative pressures, and even internal company pressures all have an impact on the Plan Sponsor. Recently, there has been a multitude of lawsuits regarding the appropriateness of fees paid by participants.

Fees are a complicated topic and even the most seasoned Plan Sponsor may be challenged to fully understand them. Plan Sponsors are held accountable not only to understand plan related fees but also to ensure that they are reasonable and transparent from an employee/participant perspective. There are three basic categories of plan-related fees:

  • Administrative – recordkeeping, legal, trustee, participant communications and transactional related fees such as loan administration, account maintenance and QDROs fees among others
  • Advisor/Consultant – these fees typically include fiduciary governance, fee negotiation, investment monitoring, plan design and education services
  • Investment investment management fees represent the largest allocation of plan expenses and are paid by employees through the expense ratio of the underlying investment

The Client

National US Law Firm

Retirement Plan Assets: $120 million

Number of ActiveParticipants: 500+

10 year relationship with current recordkeeper

Pricing model is bundled with revenue sharing


  • Quantify the actual annual plan administrative fees
  • All participants share in a more equitable allocation of administrative fees


  • Benchmark all recordkeeper, investments and advisor/consultant fees
  • Negotiate plan fees directly with recordkeeper
  • Ensure continued compliance with fee-disclosure rules

The Results

Comperio Retirement Consulting proprietary process and analysis of the plan resulted in:

  1. Lower annual administrative fees.
  2. Total fee transparency.
  3. Comprehensive documented fiduciary process.
  4. Equitable allocation of fees among all plan participants.


North Carolina Office:
51 Kilmayne Drive, Suite 304
Cary, North Carolina 27511
Phone: 800-479-9869

Pennsylvania Office:
McMurray Pennsylvania
Phone: 412-417-6645

In the News

Comperio Retirement Consulting named a 2020 Firm to Watch by investor.com



National Association of Plan Advisors (NAPA) has named Comperio Retirement Consulting one of the Top DC Advisor Teams in 2019, 2020 and 2021


Comperio Retirement Consulting has been named one of the largest 100 Investment Consultants in the United States according to Pension & Investments (P&I) for the past 5 years