Compare 401k & Other Retirement Plan Fees
Company’s who currently have a 401k plan in place can compare fees by looking at the 408 (b)(2b) schedule as well as the invoice provided by their administrator.
401k Investment Selections
We can compare the investments in your current plan to a customized portfolio within our proposals. Your company 401k plan investment selections have a range of mutual funds which vary from each provider.
Customized 401k & Retirement Plan Proposals
Whether you are looking to start up a new 401k plan or review an existing 401k plan, our proposals are all customized based upon the information on your company.
How it works
Getting started is simple, while we handle all the tax filings and administration. That not only helps eliminate headaches but eliminates the liability from your business. Click here to find out more on how to get started.
Third Party Administrator
Total Plan Administration Services
Our retirement third party administrators and advisors will work closely with your company goals to design a retirement plan that meets suits your business. Retirement plans are complicated to select on your own, and our team of experts are here to guide you.
401k Administration Fees
| Fees | Storick Group | Average Competitors |
| New (Start-Up) Plans | $0 | $500 |
| Existing (Conversion) Plans | $0 | $200 |
| Annual 401K Administration | $65 | $1,500 |
| One-time only set-up | $0 | $550 |
Per Participant
|
$0 | $50 |
Restatement of Plan Document
|
$0 | $100 |
Loans
|
$50 | $100 |
Third-Party Administration Pricing
Solo 401k
- Solo 401k for Single business owners with no employees or part-time employees.
- Traditional or Roth contributions
- Contribute up to the 401(k) maximum
- Tax Benefits for Employers
- Flexible Plan Design
- Wide range of mutual funds
- Salary deferrals
starting at$65 per year
through our select providers
Group 401(k) Plans
- Small, mid or large size businesses’ 401k retirement savings.
- Reduce company costs on administration and maintenance fees.
- Traditional, Roth or Safe Harbor 401k Option
- Contribute the 401(k) maximum
- Optional employer contribution
- Tax Benefits for Employers
- Flexible Plan Design
- Wide range of mutual funds
starting at$65 per year
through our select providers
Profit Sharing Plans
- Employees receive a percentage of a company’s
profits based on its quarterly or annual earnings. - Customized profit sharing plan
- Great way for a business to give its employees a sense of ownership in the company
starting at$85 per year
through our select providers
Cash Balance Plans
- Employers credits the participant’s accounts with a set percentage of his or her yearly compensation plus interest charges.
- Super Charge 401k Retirement Contributions
- Maximum annual benefit can be up to $215,000 for 2017;
starting at$665 per year
through our select providers
401(k) Total Plan Administration Comparison
| Solo 401k | Group 401k | |
| Cost | Starting at $65 per year |
Starting at $65 per year |
| Number of Employees | 1 | 1 – 300 |
| Safe Harbor | • | • |
| Traditional (Pre-Tax)
Roth (After Tax) |
• | • |
| Online access to employers & employees from provider | • | • |
| Company retirement plan design | • | • |
| Conducting individual advisory on-site meetings | • | • |
| Consulting on mergers and bankruptcies | • | • |
| Fiduciary and liability protection
• 3(16) Fiduciary • Plan Administrator |
• | • |
| Originating and maintaining participant loans | • | • |
| Prepared tax filings and disclosures:
Form 5500, SPD, Safe-Harbor Notice |
• | • |
| Preparing quarterly benefit statements | • | • |
| Sending participant notices & fee disclosures | • | • |
| Updating investment lineup | • | • |