SPS's 401k and Defined Benefit fees are straight forward and clear so our value shines through.
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)
Annual Fee
$1200
Base Fee
or
$1500
Base
+ Recordkeeping
Cash Balance
Defined Benefit Plan
Establishment Fee
$1275
Start-Up
(New)
$1275
Existing Plan
(Transition)
Annual Fee
$2100
Base Fee
+
$450
PBGC
filling fee
You’ll receive one annual invoice for plan administration; there are no monthly invoices.
