401(k)/457 Qualified Plan Fees

Average 401(k)/457 qualified plan fees for entities with plans larger than $1 billion are about 0.34% of assets annually, or $340 a year.

Smaller plans with $1 million to $100 million in assets, the average is 1.16%, or $1,160 a year for an account with a $100,000 balance.

Total plan fees include various administrative costs as well as the expenses built into the underlying investment choices.

Source; Brightscope