That’s surprising to me — first that you only earned $4200 in your Fidelity account last year — and second that the fees were so high. (Perhaps, though, that’s an anomaly because if you’ll remember we had a year-end crash that actually had the stock market posting a total return of MINUS 4.75% last year!) So it depends on where and how you measure!
And how did you get the calculation of $2114 for “total fees” paid at Fidelity? That really sounds out-of-whack. So, even if you don’t use them in the future, contact Fidelity– ask to speak to a manager, and make them explain. If there isn’t a good explanation, they should return the fees! Do let me know what happens.
Going forward I think you would benefit from a conversation with a fee-only financial advisor, one who does not sell commissioned products. I’m assuming you live in the Chicago area. Go to Wealthramp.com and go through the process. The advisors there are all FIDUCIARIES. And you need to make some other decisions about your retirement lifestyle, expenses, withdrawal rates, etc — Any one of these advisors can help you through the process.