Maybe I'm misunderstanding, but if the face is 1/4" smaller all the way around that means the face is cut .5" shorter. Doesn't the face sit on the bottom of the frame? So the 1/4" may be distributed evenly on the sides but on the top its 1/2"(unless you're using a hanger bar)
I guess I meant an 1/8" all around but 1/4 all together.