Shared control systems aim to combine human and robot abilities to improve task performance. However, achieving optimal performance requires that the robot's level of assistance adjusts the operator's cognitive workload in response to the task difficulty. Understanding and dynamically adjusting this balance is crucial to maximizing efficiency and user satisfaction. In this paper, we propose a novel benchmarking method for shared control systems based on Fitts' Law to formally parameterize the difficulty level of a target-reaching task. With this we systematically quantify and model the effect of task difficulty (i.e. size and distance of target) and robot autonomy on task performance and operators' cognitive load and trust levels. Our empirical results (N=24) not only show that both task difficulty and robot autonomy influence task performance, but also that the performance can be modelled using these parameters, which may allow for the generalization of this relationship across more diverse setups. We also found that the users' perceived cognitive load and trust were influenced by these factors. Given the challenges in directly measuring cognitive load in real-time, our adapted Fitts' model presents a potential alternative approach to estimate cognitive load through determining the difficulty level of the task, with the assumption that greater task difficulty results in higher cognitive load levels. We hope that these insights and our proposed framework inspire future works to further investigate the generalizability of the method, ultimately enabling the benchmarking and systematic assessment of shared control quality and user impact, which will aid in the development of more effective and adaptable systems.