Plans & Pricing
We offer transparent pricing. You pay a one time set up fee and an annual administration fee.
Defined Benefit or Cash Balance Plan
One-Time Set Up
$990*
Annual Administration
$1,950*
One-Time Set Up
$
1,790*
✓ Initial Planning Call
✓ Quick & Easy Setup
✓ Quick & Easy Setup
- * Includes spouse
- * Owner only plan. For group plans, see fee table below.
Annual Administration
$
2,290*
✓ Annual Planning Calls
✓ All Actuarial Included
✓ All Actuarial Included
- * Plus $200 for spouse
- * Owner only plan. For group plans, see fee table below.
401(k) Plan (Owner Only)
One-Time Set Up
$
590*
✓ Initial Planning Call
✓ Quick & Easy Setup
✓ Quick & Easy Setup
- * Additional $150 for Spouse
- * Mega Backdoor Roth
- * Self-Directed
Annual Administration
$
590*
✓ Annual Planning Calls
✓ Mega Backdoor Roth
✓ Mega Backdoor Roth
- * Additional $150 for Spouse
- * DB Plan Cross Testing
- * All Reporting
Other Services and Fees (as applicable)
| Group Plan (any DB plan that has non-owner participants) | |
|---|---|
| Plan Set Up (2-3 participants) | $2,100 |
| Plan Set Up (4-10 participants) | $2,600 |
| Plan Set Up (10+ participants) | Custom Quote |
| Base Annual Administration Fee | $3,000 |
| Participant Fee | $200 |
| Periodic and Special Services (that may be required): | |
| Annual PBGC Premium Calculation and Form Preparation | $500 per year |
| Calculation and filing for defined benefit plan RMDs (per person) | $290 each |
| Calculation and filing for 401(k) plan RMDs (per person) | $90 each |
| Distribution Calculations | $150 each |
| Plan Restatements | Starting at $500 each |
| Process Benefit Payment Directives (if applicable) | $150 each |
| IRS Form 5500: | |
| Amended or Additional Form 5500 | $290 |
| Electronic Filing on Behalf of Plan Sponsor | Free |
| Electronic Filing of Amended Return | Free |
| Additional Services available upon request: | |
| 110% Current Liability Calculation for Restricted Employees | $500 |
| Actuarial Consulting (one hour minimum) | $250 per hour |
| Additional Services will be billed at the time the service is requested | $200 per hour |
| ASC 715 (FASB 87/132/158) Report | $2,000 per request |
| Calculate 415 limits (1-2 participants) | $300 |
| Data Scrubbing | $300 per request |
| Self-Directed 401(k) With Non-Qualified Assets | $500 surcharge |
| Self-Directed DB plan With Non-Qualified Assets | $300 surcharge |
| Discretionary or Corrective Plan Amendments | $500 |
| Freeze Amendment and Employee Notice | $500 |
| IRS Audit – prepare audit package | $550 |
| Perform Contribution Estimate | $200 |
| Perform Estimated Testing | $650 |
| Plan Termination Services | Call for Quote |
| PPA Benefit Restriction Notice | $250 |
| Prepare Form 1099 | $250 |
| Preparing Form 5330 Funding Deficiency | $900 |
| QDRO calculation of benefits | $600 |
| QDRO Review | $200 per request |
| Reinstatement Fee | $450 |
| Late Submission After 8/30 Fee | $250 |
| Responding to EBSA Requests | $150 |
| Revised administration for incorrect data or trust | $1,800 |
| Trust Accounting | $350 per account |
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.