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Expense Ratios Compound: The Quiet Cost Inside 401(k)s and Funds

How a 0.05% vs 1.00% expense ratio can change retirement balances over 20–30 years.

Updated 2026-07-15 · Not financial advice

Fees compound against you

An expense ratio is charged continuously as a fraction of assets. Small differences look tiny in a year and large across decades.

Plan admin fees, revenue sharing, and high-cost funds can stack. FeeFriction’s 401(k) fee drag calculator isolates expense-ratio math for education.

What the calculator cannot know

Your plan’s exact fee menu, employer match rules, and fund performance are account-specific. Always read plan fee disclosures.

Lower fees do not guarantee higher returns; they reduce a structural drag that is otherwise easy to ignore.

Related tool: 401k fee drag

Sources

  1. DOL — Understanding fees in retirement plans

Frequently Asked Questions

Is a 1% fee “high”?

In broad US index equity funds, all-in costs are often much lower. Context depends on asset class and active vs passive strategy — compare within category.