Retire4One DCG Plan
Total Plan Pricing
$75/quarter
(can be paid by plan assets or Invoiced to Employer)
Voya connects workplace benefits and retirement savings, making the process easier and more secure for individuals, families, and institutions. We’re dedicated to helping you achieve a more secure financial future, one step at a time.
1.09%-1.28%
Start up – $250k
0.37%-0.41%
$250k – $1M
0.12%
$1M – $3M
0.10%
$3M – $5M
0.08%
$5M – $10M
Fiduciary Wise acts as the “CEO” for your 401(k) and ERISA 403(b) plans, managing daily affairs and reducing fiduciary risk for employers. With our professional oversight, plan participants benefit from expert management, often at a lower cost.
0.10%
For over 30 years, BCG 401(k) Advisors has helped companies and their fiduciaries enhance retirement plans. We improve benefits, reduce costs, streamline administration, and ensure compliance amidst evolving legislation.
0.10%
Fee Schedule
Plan Document Services:
Initial Setup Fee
This covers the creation of your Solo 401(k) plan document.
$250
Restatement Fees
The IRS requires ALL retirement plan documents to be updated due to regulatory changes about every 6 years.
Included
Annual Document
Maintenance
This fee ensures that your plan document remains compliant and up-to-date.
Included
Annual Services:
Annual
Administration Fee
The TPA charges a monthly fee for ongoing plan administration. This includes tasks such as compliance testing review and Form 5500 preparation.
$75 / Quarter
Form 5500 Filing Fee
The TPA assists with preparing and filing Form 5500, an annual report required by the IRS.
Included
Additional Services if Needed:
Participant Loan
Administration Fee
Your Solo 401(k) allows for loans to be taken.
$100 & $25 /Year – voya
Included – R4O Fees
Distribution
Processing Fee
Taking a distribution from the Plan (such as required minimum distributions, in-service withdrawals or hardship withdrawals).
$50 – voya
Included – R4O Fees
Plan Termination Services
To terminate your plan, you need to amend your plan to terminate it, pay out the account balances (roll over to another plan or IRA) and then file a final Form 5500. Failure to follow these procedures can result in fines from the IRS.
$250
QDRO
When a couple goes through a divorce, many times the retirement plan is one of those that need to be split.
$350 min
Other requested services
Prior year’s error corrections, Contribution Calculations, etc.