Our Low Cost Solution
Up to 41% in savings versus typical 401(k) plans
Let's compare the first-year cost of a ShareBuilder 401k for a 10-person company
to typical industry pricing.
In the following example, ShareBuilder 401k charges a simple monthly administration
fee based on the number of participants of only $80/month or $960 annualized. Many
providers charge an annual administration fee plus an annual eligible
employee or participant fee!
First-year fees are based on a company of 10, with 8 participating employees. ShareBuilder
401k pricing is based on enrollment in a Simplified
401k plan. As you'd expect, pricing and savings may vary depending on the
number of participants.
|
|
ShareBuilder 401k
|
Typical industry pricing*
|
|
One-time setup fees
|
$495
|
$990
|
|
Administration fees
|
$960
|
$1,173
|
|
Participant fees
|
$470
|
$1,127
|
|
Total first-year fees
|
$1,925
|
$3,290
|
Save money, time and taxes
- Plans start at $80/month and prices lower as
your plan grows
- Online and paper-free: setup your plan in 20 minutes or less
- Save up to
$17,000
tax-deferred and receive up to $1,500 tax credits