Benefit from the same method that ensures that Quality, Service, Value and Extra Credit are a part of every fee conversation with FDI’s Value and Fee Benchmark with FEEPOINT® calculation Presentation Style Report.
All data is current, accurate and consistent with 408(b) disclosures because it comes directly from the people who know the plan best – its Service Providers.
FDI patent #8510198 covers the 5 step process below that is fair, repeatable and an important part of a Fiduciary’s obligation to follow a prudent process for determining fee reasonableness.
Groups are built so that:
Scope evaluated to:
Value received by:
Extra Credit calculated by:
Presentation Style Value and Fee Benchmark with FEEPOINT® calculation Report
2 pages per service provider – “what you get” and “what you pay” covering a summary of the 5 components of benchmarking. The details and calculations are delivered in a separate PDF
Want to learn more? Schedule a demo to see how the Value and Fee Benchmarking – Presentation Style report can help you communicate your value and reasonableness.