Employee Fees$8.33 per month ($100 per year) for record keeping, tax reporting, custodial, administrative, and technology fees. (Option: This fee can be paid by the Company/Employer)
Average Core Fund Expense Ratio: 0.132%
0.04% annual custodial fee charged by the bank to secure the funds with compliance requirements. This is $4 per $1000 invested per year. Our custodial fee is very low in comparison to other 401k vendors. This is where "discount" vendors can be quite high in their fees.
$1 per electronic delivery fee of notices / disclosures, usually once per year
$200 per year for Self Directed Investment Platform (i.e. non-publicly traded investments, alternative investments, individual stocks & bonds, options & other derivitives, etc)
If employee chooses to work with a financial advisor, the advisor may charge fees to the employee at a rate negotiated between the employee & advisor.
Participant Distribution / Early Withdraw = $100 [each]
Participant 401K Loan = $100 [each]
Participant Loan Maintenance = $100 per year if loan is outstanding
Qualified Domestic Relations Order = $250 [each]