401(k) Plans: Transparent Pricing
What’s Included:
Full Service Solution of: Recordkeeping, Custody, Administration
Dedicated Relationship Manager with an average of 17 years’ industry experience
Innovative Retirement Income Calculator
Payroll Assist
Mobile App
Plan Design Consulting
Open Architecture Platform with Access to Almost 30,000 Mutual Funds and ETFs
$1,600 Annual Base Fee
$36 Annual per Participant Fee
0.10% Annual Asset-Based Fee
$500 Set Up Fee (Waived Indefinitely Due to COVID-19)
LT Trust takes the guess work out of 401(k) fees with simplicity and fairness.
Our pricing model is set up to ensure that employers receive an affordable full service 401(k) plan and keep fees low for employees so they can save as much as possible. In addition to technology, our knowledgeable team will provide you the personalization and service that you expect.
Did you know that with the recent passage of the SECURE Act, employers who setup a new 401(k) plan are eligible for a tax credit of $250 per non-highly compensated employee up to $5,000 for 3 years?