FeeX's mission is to make sure you keep as much of your own money as possible, instead of losing it to excessive fees. FeeX does not evaluate your investment choices or strategy. Instead, FeeX finds ways for you to invest according to your choices while paying the lowest fees available. In order to help you switch to similar low-fee alternatives, FeeX presents alternative investments with better past returns (when possible) than your original investments.
According to the calculations shown in the study "The Retirement Savings Drain: The Hidden & Excessive Costs of 401(k)s" by Robert Hiltonsmith from Demos, an ordinary American household will pay about $154,794 over the course of their lifetime in effective total fees, which is 30.3% of the future balance that they could have at retirement without paying those fees.