Department of Labor regulations under ERISA, and specifically section 408(b)(2), require that plan sponsors know how much they are paying, if it is "reasonable", and how you came to the conclusion. It can be hard to do that on your own, team up with Presidio Wealth Management to help you!
There is much more than just fees to do a full comprehensive benchmark.
Here is a checklist:
Independent Comparison Data - To avoid all potential conflicts of interest, we utilize data provided from various benchmarking companies that are independent of our firm and your service provider. This is the prudent way to measure your service provider fees.
Contact us to help you create your required benchmarking report.