As of January 1, 2009
*fees subject to change without notice
I. Installation Services:
Installation services consist of consultation, design and preparation of
plan document, summary plan description (SPD) and Administrator's Guide.
|
Plan Design Study |
$500.00 (minimum)* |
|
401(k) Plans, "age-weighted"/"cross-tested" Profit Sharing Plans, and 403(b) Plans |
$2,000.00 |
|
Defined Benefit Plans |
$3,000.00 |
|
Cafeteria Plans ("Full Flex") |
$2,000.00 |
*To be applied to the Plan Document Fees above.
II. Administration Services:
Base Fees:
|
Defined Contribution Plans (Except as per below) |
$1,000.00 |
|
401(k) Plans, "age-weighted"/"cross-tested" Profit Sharing Plans*, IRC §403(b)/457 Plans and Cafeteria Plans ("Full Flex") |
$1,200.00 |
|
Defined Benefit Plans With One Participant (including spouse) |
$1,400.00 |
|
With More than One Participant |
$1,600.00 |
·
Additional
testing fees apply
Miscellaneous Fees:
Participant Account Charges (PAC):
|
Defined Contribution |
$25.00 each* |
|
*Defined Benefit Plans |
$50.00 each |
A Participant Account Charge is assessed for each:
- line item on the account activity pages of valuation report
- interim benefit statements per person
- every life insurance policy
- each Cafeteria Plan benefit payment processed
- loan maintenance fee assessed for each loan per plan year
|
|
$100.00 |
|
401(a)4 Test (if applicable) |
$200.00 |
|
Trust Reconciliation |
$100.00 per hour |
|
Loan Package |
$100.00 each |
|
Hardship Calculation |
$50.00 each |
|
Distribution (termination)
package Defined Contribution plan |
$50.00 each |
|
Distribution (termination) package |
$100.00 each |
|
Plan Amendment |
$200.00 (minimum) |
|
70-1/2 calculation |
$200.00 |
|
IRS Form 1099-R/1096 prepared |
$50.00 each |
|
IRS Form 945 prepared |
$100.00 each |
|
IRS Form 8109-B prepared |
$50.00 each |
|
Financial/Government Accounting Standards Board (FASB/GASB) Report |
$1,500.00 (minimum) |
III. Additional Services
|
Plan Termination Services |
(Call for quote) |
|
Actuarial Studies, IRS examination ("audit") representation, Department of Labor (DOL) investigation ("audit") representation, trust accounting, interim or short amendments, domestic relations and other "expert witness" testimony work or any other consulting or staff time services are provided at standard hourly rates. |
$100.00-250.00 per hour |
|
Takeover Fee |
(Call for quote) |