Tanelorn™
Plan Fee Review

What does your 401(k) plan cost to run?

Your employer files a public report on the plan every year. Almost nobody reads it. We do.

A written review of your employer's retirement plan, built from the plan's own filings with the Department of Labor. What the plan paid to run itself, who was paid, whether the numbers add up, and where the plan sits against every comparable plan in the country. Numbers with sources, not reassurances.

Look up your plan → Read a sample review first →
From a real public filing

In 2024, Skadden Arps's plan reported administrative expenses of $40.14 for each of its 4,854 participants, which is 0.014 percent of the average account balance. Among 38 plans of the same industry, size and type, that places it at the 14th percentile per participant and the 17th percentile as a share of balances. Both numbers are true at the same time. The review explains why, and what the filings do and do not settle.

See the full sample review →

How it works

  1. Find your plan. Type your employer's name. We match it to the plan's federal filing number and show you the plan name, city, and participant count so you can confirm it is yours.
  2. We read six years of filings. Every number in the review is taken from the plan's Form 5500 and its schedules as filed, and every number is cited to the filing it came from.
  3. The filings are checked against themselves. Three arithmetic checks on each year's financial schedule, and a fourth between the expense total and the providers who reported being paid. A year that does not reconcile is reported as a finding, not smoothed over.
  4. A person reads it before you do. Every review is read by an experienced plan accountant before it is sent. Flags with an innocent explanation are set aside and the explanation is stated.
How It Works →

A written review you can keep, share, or hand to someone.

A PDF of about ten pages. The plan's fee history on two bases, the providers paid and what they were paid, the reconciliation checks, the plan's place among its peers with the peer set named and counted, findings sorted by strength with the arithmetic shown, the innocent explanations considered and which documents would settle them, and the list of documents the law lets any participant request in writing. Every review carries a report number, the date of the data it was built from, and the filing numbers it used.

Plain limits.

This is a review of the plan, not of you. It does not use your account, your balance, your age, or your investments, and it does not tell you what to do with them. It does not say whether a fee is fair or a fund is good. It reports what the plan filed, checks whether the filing is internally consistent, and shows where the plan sits among plans like it. What you do with that is yours. We are not paid by anyone we review, we take no referral fees, and we do not sell or share your information.

One review. One price.

$99

Launch pricing. The price may change between launch periods and the price shown when you order is the price you pay. Delivered by email within five business days. If we cannot deliver a review for the plan you ordered, the charge is refunded automatically. Because the review is delivered as a finished document, there is no refund after delivery.

Look up your plan →