We offer transparent pricing. You pay a one time set up fee and then each year you pay an administration fee.
Defined Benefit or Cash Balance Plan Fees
One Time
Set Up
Set Up
$
990*
FREE Planning Call
Quick Set Up
Quick Set Up
- * Plus $500 owner participant fee (includes spouse)
- * Owner only plan. Contact us for group pricing.
Annual
Administration
Administration
$
1,950*
Annual Planning Calls
All Actuarial Included
All Actuarial Included
- * Plus $240 owner participant fee (add’l $150 for spouse)
- * Owner only plan. Contact us for group pricing.
Group plan fees (any DB plan that has non-owner participants):
- Plan Set Up = $1,890
- Base Annual Administration Fee = $2,650
- Participant Fee = $200
Other services and fees (as applicable):
- Pension Benefit Guaranty Corporation (PBGC) filing = $375
- Employee distributions = $275 per termination
- Plan amendments starting at $400
- Plan termination services = $1,500 (no IRS submission)
- Plan termination services = $2,500 (with IRS submission)
- Prior service adjustments = $250
401(k) Plan Fees (Owner Only)
One Time
Set Up
Set Up
$
390
FREE Planning Call
Quick Set Up
Quick Set Up
- * $150 for Spouse
- * Mega Backdoor Roth
- * Self-Directed
Annual
Administration
Administration
$
390
Annual Planning Calls
Mega Backdoor Roth
Mega Backdoor Roth
- * $150 for Spouse
- * DB Plan Cross Testing
- * All Reporting
Other services and fees (as applicable):
- Employee distributions = $275 per termination
- Safe Harbor or traditional 401k starts at $850 (contact us for pricing)
- Plan termination services = $490
All plans include the following (as applicable):
- Planning Consultation
- Custodian Coordination
- Schedule SB
- Plan Documents
- Summary Annual Report
- Form 5500
- Contribution Calculation
- Actuarial Report
- Trust Accounting
- Annual Planning Calls
- Participant Statements
- AFTAP Certification
Defined Benefit Plan Fee Schedule
How to determine plan pricing:
- Make sure a define benefit plan is right for you. This is an important decision, so make sure that a DB or cash balance plan is something you can commit to.
- Add a 401k plan with profit sharing. You may already have a solo 401k plan. If not, it might make sense to add one.
- Decide on plan customizations. You might want to add your spouse or include prior year service. We can help you make the right decision.
- Consider annual administration fees. Administration fees will typically include actuary cost and can add up quickly. Make sure you defined these fees upfront.
- Make sure fees are documented. The fee schedule should be defined in the engagement letter. Be carefully if they are not clearly documented.