average 401(k) fees
The typical American worker, earning a median salary starting at age 25, will pay an estimated $138,336 in 401(k) fees over their lifetime. That's a lot of money, considering that it equals more than two and a half years' worth of a typical household's earnings.ll told, the Center for American Progress estimates that a typical worker -- earning the median income and paying the average 401(k) fees over their lifetime -- will be assessed a total of $138,336 in fees.