Choose from the following menu options to view the fees
based on the three types of work we do:
Plan Design fees are generally
non-recurring fees for the design and setup
of new plan documents or the amendment of existing documents. These fees are the
same regardless of plan type.
Administration fees are annually
recurring fees for the life of the plan.
They are different for each type of plan, but have similar characteristics because
the reports required for the various plans are similar.
Plan Termination fees are
non-recurring fees for the amendments and possible
reporting and application filings required to "close out" a tax-qualified retirement
There are a number of things we don't charge fees for.
We don't charge "Custodian" or "Trustee" fees. These fees are sometimes charged
by large investment companies to add to their revenues so they can "low ball" their true
administration fees. Often they hide or even bury these fees as some sort of
"asset management" fee. We only charge for what we actually do; nothing is hidden or buried.
And since we never have your plan's assets in our "custody" we couldn't charge these fees
even if we wanted to.
We don't charge for routine consulting and accounting; it's already included in the
administrative fees. We encourage our clients to pick up the phone or drop us a note
with any questions they may have. It's always easier to handle "questions" than to
clean up "messes". On occasion, we do charge extra for exorbitant accounting
or consulting. But this occurs in less than ten percent of our clients,
agree to these fees in advance.