Set-up for $250, due at sign-up.
Annual Form 5500-EZ filing $149, only if required, due at year-end. Click for more details on pricing.
Solo/Owner-only 401(k) plans are designed for business owners (and their spouses), who do not have any eligible employees, who work more than 1000 hours in a plan year. These plans can also be designed for individuals who operate as Sole Proprietors or as companies (e.g. LLC, Partnership, Corporation, or Independent Contractor).
* Please note that this fee will be applied to your setup fee when you sign up. This fee will be waived for clients who are working with a Financial Advisor.
|Explanation of Service||Fee|
|Plan Illustration / Initial Consultation||$99*|
|Initial Setup Fee||$250|
|Annual administration, including filing of IRS Form 5500-EZ (if applicable)||$250|
|Additional Services (if applicable)|
|Form 5558 Extension||$99|
|Loan Processing Fee||$149|
|Annual Loan Maintenance||$85|
|Distribution Processing Fee||$125|
|Plan Document Maintenance||$125|
|IRS Form 1099-R Preparation||$125|
|Phone Calls to Plan Sponsor||$25/call|