A Simplified Fee Schedule
SPS focuses on plans in the small plan market (less than 50 participants), so we do not have large/mega plan clients being subsidized by the higher fee schedules paid by smaller employers. Our goal is to make maintaining your retirement plan affordable. To achieve this goal, we have designed a streamlined fee schedule for employers.
401k Plan
Establishment Fee
$425
Start-Up
(New)
$425
Existing Plan
(Transition)
Plan Document Restatement Fee: $325
Annual Fee
$600
Base Fee
or
$900
Base
+ Recordkeeping
Cash Balance
Defined Benefit Plan
Establishment Fee
$1275
Start-Up
(New)
$1275
Existing Plan
(Transition)
Annual Fee
$1500
Base Fee
+
$350
PBGC
filling fee
