We charge $25 per eligible employee per year, regardless of plan size ($1,500 annual minimum per plan). One time set-up charges range from $500 to $1,000. That’s it. No wraps or asset-based fees. No surrender charges. No minimum plan size.
- Conversion — Included
- Plan Docs — Included
- Enrollment — Included
- Statements — Included
- Form 5500 — Included
- Non-discrimination Testing — Included
- Web Access — Included
- Daily Valuation — Included
- Vesting Schedules — Included
- Auto Rebalance — Included
- Custody — Included
- Dedicated Advisor Hotline — Included
Unlike other providers, Employee Fiduciary does not accept sub-transfer agency fees (sub-TAs) from fund companies as payment for recordkeeping or for marketing specific investments. Instead, we forward sub-TAs to plan sponsors. Proceeds can be used to reduce plan costs or distributed directly to plan participants. Savings are often substantial.
By giving sub-TA revenue to the plan, Employee Fiduciary can lower the total cost of employee retirement plans while preserving advisor revenue.
Contact the advisor service desk at (877) 401-5100 to request a proposal or to learn more.
Employee Fiduciary guarantees the lowest total cost, full-service 401k administration and 401k recordkeeping for any plans under $10 million in America. |
