Fee analysis is more than just benchmarking your fees against other service providers' bids. Our analysis is designed to help you better understand:
Total amount of fees the plan and participants are paying
From where the fees are originating
If your current fee arrangement is fair and reasonable
Ensuring that your plan fees are reasonable and documenting that you’ve done the work to check is one of your core responsibilities as a plan sponsor and fiduciary. GBB is connected with the right providers and has the infrastructure in place to help you ensure your plan fees are reasonable.