Low Cost, Full Service 401(k) Administration

 

“[A] 401(k) provider in Mobile, Ala. is offering a full-service plan that is so cheap, investment advisors are calling to say that it seems too good to be true. Believe it…”                          — Investment News

Employee Fiduciary offers advisors and brokers the lowest cost, full service 401(k) administration and 401(k) recordkeeping in the industry, guaranteed.

Employee Fiduciary provides advisors and their clients:

  • Access to any mutual fund from any fund family View current fund families
  • 24/7 web access for participants, plan sponsors and advisors
  • One-click portfolio rebalancing
  • Free proposals
  • Customized participant statement View sample
  • Customized advisor and plan sponsor reports


High Quality Customer Service

  Our 401(k) ratings are among the best in the industry. Our commitment to high-quality customer service rests on dedicated account representatives, who answer all inquiries by close of business and provide a single point-of-contact for plan sponsors, participants and advisors. View our service standards.


Advisor Billing
  We work with fee-only, fee-based, commission-based and straight commission advisors and brokers. Employee Fiduciary has the ability to charge companies directly, deduct charges from plan assets and/or forward 12b-1s as agreed upon by the plan sponsor and advisor. Payments to advisors are processed within 24-business hours of receipt and approval.


Lowest Costs Guaranteed

 

 

We charge $1,500 per year for the first 30 eligible employees and then $30 per additional eligible employee thereafter. (So if your client has 30 employees, the fee would be $1,500. If your client has 31, it would be $1,530). 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 $20 million in America.