Our fee calculation covers two kinds of fees - the expense ratio of funds, and the advisory fee that might be paid to manage those funds. The advisory fee can be optionally entered on the External Accounts tab in your clients’ account settings. For 401(k)s, the advisory fee defaults to 0.6%, the same as the Betterment 401(k), which includes recordkeeping and other plan-level expenses. Other account types default to 0.0% advisory fees, so you should encourage your clients to add these for better accuracy. Your clients may pay one-time load fees on mutual funds (at purchase or sale), but our calculation doesn’t consider these since the highest ones were typically already paid.