Everything about Custom(k) is customized, including the pricing. So, in order to get an idea of what a Custom(k) plan will cost you, you should contact us at sales@theonline401k.com or 855.401.7253 to discuss your options with a Retirement Plan Consultant. Or, you can request a quote.
Here’s a general idea of what to expect when it comes to the fees applied to a 401(k) plan.
There are two standard categories of fees:
A flat fee is exactly that. You pay a simple flat fee based on the number of employees you have and the services you want. The Online 401(k)’s plans operate on a flat-fee basis that’s well-suited to the budget of the growing business.
Asset-based fees are based on the amount of money in your plan. The more money you have, the bigger the fee. Because we work exclusively with small businesses, our partners are sensitive to the prices they charge to select funds and manage investments for you and your employees.