The spell/concentration lasts for an hour of the Warlock's subjective time - extended or shortened in the Material Plane as appropriate
We know from Can you maintain concentration on a spell from another plane? that you can indeed maintain concentration on a spell on another plane.
If a spell must be maintained with concentration, that fact appears in its Duration entry, and the spell specifies how long you can concentrate on it. You can end concentration at any time (no action required). (D&D Basic Rules, p. 83)
It seems obvious that "how long you can concentrate on it" relates to time from your perspective - if it did not, then the fact that time is constantly passing differently in the Feywild could mean that spell duration in the Material Plane constantly varies even if you're not in the Feywild.
So the concentration will last for an hour from the perspective of the Warlock. While they are in the Feywild, that hour will be counted against their perception of time, not time passing in the Material Plane.
While the Warlock maintains concentration, the spell will not end (barring being Dispelled). And when they lose concentration, it will.
So if the Warlock returns to the Material Plane while still concentrating, the spell must still be active (barring being Dispelled) and the remaining duration will be the time left from the Warlock's perspective.
From this, I'm forced to conclude that the spell's duration will be extended or shortened as a result of any difference between Feywild-time and Material-Plane-time. i.e.
- if half an hour passes in the Feywild but days in the MP, the spell's duration will be extended
- or if nearly an hour passes in the Feywild but only seconds in the MP, the duration will be shortened.