ShareBuilder 401k Full Pricing Disclosure
We work hard to keep your plan administration costs affordable and participant fees under 1%.
We're dedicated to providing you with simple and open pricing, making it easy to see what you'll have to pay. All of the fees that we could ever charge are plainly listed right here.
No other 401(k) provider that we've seen offers a complete, transparent fee schedule up front — in fact, if you can find one, we'll give you $50 off your 401(k) plan setup charge!
Please review our pricing and let us know if you have any questions. We welcome your call at
800-943-6108, option 1.
How Automatic Price Discounts Work
ShareBuilder 401k wants to ensure your plan always delivers great value not only in features and services, but also in price. As your company's total plan assets exceed a pricing milestone shown below for a calendar quarter (based on an average of the daily balance), we automatically lower your administration and asset management fee for the next quarter and on-going.
The reverse is also true. If for some reason employees, markets, or other events drop your average asset balance for your company's plan below your current level, your administration and asset fees are adjusted up for the next quarter. All pricing is on a go-forward basis and is not retroactive.
Pricing
— Solo Owner(s) looking to save $5,000 or more per year
| Employer Fees | Participant Fee |
|---|
| Assets | One-time Setup | Monthly Administration per Participant |
Asset Management |
|---|---|---|---|
| $0 - $249,999 |
$150 | $15.00 | 0.75% |
| $250,000 - $499,999 |
No Charge | No Charge | 0.75% |
| $500,000 - $1,999,999 |
No Charge | No Charge | 0.65% |
| $2,000,000 - $4,999,999 |
No Charge | No Charge | 0.55% |
| $5,000,000 or More |
No Charge | No Charge | 0.45% |
— Maximize owner contribution and avoid IRS tests
| Employer Fees | Participant Fee |
|---|
| Assets | One-time Setup | Monthly Administration (Estimated Participants) | Asset Management |
||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 - 10 | 11 - 25 | 26 - 50 | 51 - 100 | 101 - 250 | 251 - 500 | 501 - 1000 | |||
| $0 - $499,999 |
$495 | $80 | $125 | $185 | $275 | $325 | $400 | $500 | 0.75% |
| $500,000 - $1,999,999 |
$400 | $60 | $80 | $105 | $150 | $200 | $240 | $280 | 0.65% |
| $2,000,000 - $4,999,999 |
$250 | $35 | $45 | $55 | $75 | $100 | $115 | $130 | 0.55% |
| $5,000,000 or More |
No Charge | No Charge | No Charge | No Charge | No Charge | No Charge | No Charge | No Charge | 0.45% |
— Flexible matching, vesting or profit sharing options
| Employer Fees | Participant Fee |
|---|
| Assets | One-time Setup | Monthly Administration (Estimated Participants) | Asset Management |
||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 - 10 | 11 - 25 | 26 - 50 | 51 - 100 | 101 - 250 | 251 - 500 | 501 - 1000 | |||
| $0 - $499,999 |
$750 | $100 | $150 | $210 | $300 | $400 | $450 | $550 | 0.75% |
| $500,000 - $1,999,999 |
$600 | $75 | $90 | $125 | $180 | $240 | $270 | $315 | 0.65% |
| $2,000,000 - $4,999,999 |
$450 | $50 | $60 | $70 | $90 | $120 | $135 | $160 | 0.55% |
| $5,000,000 or More |
No Charge | No Charge | No Charge | No Charge | No Charge | No Charge | No Charge | No Charge | 0.45% |
— Reward employees by group, tenure or age
| Employer Fees | Participant Fee |
|---|
| Assets | One-time Setup | Monthly Administration (Estimated Participants) | Asset Management |
|||
|---|---|---|---|---|---|---|
| 1 - 15 | 16 - 50 | 51 - 100 | 100 or More | |||
| $0 - $499,999 |
$995 | $190 | $240 | $325 | N/A | 0.75% |
| $500,000 - $1,999,999 |
$750 | $150.00 | $185.00 | $225.00 | N/A | 0.65% |
| $2,000,000 - $4,999,999 |
$500 | $75.00 | $95.00 | $115.00 | N/A | 0.55% |
| $5,000,000 or More |
No Charge | No Charge | No Charge | No Charge | No Charge | 0.45% |
Setup and annual administration fees may be eligible for a tax credit. Please consult your accountant or tax advisor for additional details.
These fees are applied to each person who participates in your company's ShareBuilder 401k plan:
- Our asset management fee is charged quarterly and amounts to 0.45% – 0.75% of a participant's assets per year. The amount is calculated on the average daily balance over the quarter.
- Our portfolios' average investment expense ratio is 0.17%.
Fees may be higher if you are working through a third-party investment advisor. Please contact your investment advisor for details.
Custom Services
ShareBuilder offers full-service 401(k) plans. Should you require custom or non-standard services, those charges are listed below for your convenience. This also includes infrequent services.
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|
 |
|
|---|---|---|---|---|
| Participant Costs | ||||
| DistributionsThe benefit paid to a plan participant. / Withdrawals | $50/event | $50 - $60/event | $50 - $60/event | $60/event |
| Loans | $75/loan | $75 - $125/loan | $75 - $125/loan | $125/loan |
| Required minimum distribution | $100 | $100 | $100 | – |
| Reissue of a check | $25 | $25 | $25 | $25 |
| Stop payment of a check | $31 | $31 | $31 | – |
| Qualified Domestic Relations Order processingThis division of benefits is typically associated with a divorce in regards to monies assigned to the other person for alimony payments, child support or as marital property. | Up to $750/occurrence | Up to $750/occurrence | Up to $750/occurrence | Up to $750/occurrence |
| Plan Sponsor Costs | ||||
| In the event of an Automatic Clearing House (ACH) circumstance that results in a failed transaction. The ACH system is used to transfer plan contributions and administrative fees electronically from the bank account provided.Automated Clearing House (ACH) notice of change due to client error or non-sufficient funds | $50 | $50 | $50 | $50 |
| This letter indicates that a retirement plan meets the IRS form requirements for qualification. Our clients typically use a prototype document which has already been pre-approved by the IRS. No fee will apply when using this pre-approved document. Determination letter filing | $1,000 | $1,000 | $1,000 | $500 |
| IRS submission fee for the determination letter | $2,000 - $4,000 | $2,000 - $4,000 | $2,000 - $4,000 | $1,000 |
| An audit is an IRS examination of an individual or corporation's tax return, to verify its accuracy. This fee is associated with the assistance required should an audit be requested by the Department of Labor (DOL) or the Internal Revenue Service (IRS).DOL or IRS audits | $600 base, plus $100/hour over 6 hours | $600 base, plus $100/hour over 6 hours | $600 base, plus $100/hour over 6 hours | $600 base, plus $100/hour over 6 hours |
| An incompliant 401(k) plan that switches to ShareBuilder 401k with an existing issue will require adjustments prior to implementation. IRS/DOL Correction Program | – | $250/hour, plus $900 government submission fee if required | $250/hour, plus $900 government submission fee if required | $250/hour, plus $900 government submission fee if required |
| Additional fees would apply for requests that are not part of our standard services. We would communicate an estimate of the amount of the fee before we would initiate the activity. Custom requests and extraordinary services | $75/hour | $75/hour | $75/hour | $75 - $250/hour |
| Fee applies when the previously approved Form 5500 has already been filed with the Employee Benefits Security Administration (EBSA) and changes are necessary for correction. Amended Form 5500 | $100 | $100 | $100 | $100 |
| If the granting of additional time is necessary in filing of the Form 5500. Federal filing extension | $100 | $100 | $100 | $100 |
| This fee applies if the client notices errant information reported on Form 5500 prior to filing with the Employee Benefits Security Administration (EBSA) due to client error or misinformation provided, or if the client wants an additional copy for their records.Federal filing correction / reprint (Form 5500) | $25/$35 overnight | $25/$35 overnight | $25/$35 overnight | $25/$35 overnight |
| A change in the terms to the Plan Document detailing the provisions of the plan (participation requirements, vesting, payment options, loan options, Roth provision, etc.)Plan amendment | $100 unless otherwise noted | $100 - $200 unless otherwise noted | $100 - $200 unless otherwise noted | $200 unless otherwise noted |
| The movement of one product to another.Plan migrations | $250 | $250 | $250 | – |
| All of the work that is necessary for when a plan is permanently discontinued.Plan terminations | $75 plus any applicable employee paid distribution fees | $600 - $750 plus any applicable employee paid distribution fees | $600 - $750 plus any applicable employee paid distribution fees | $750 plus any applicable employee paid distribution fees |
| All of the work that is necessary to transfer a 401(k) plan from the existing provider to a new 401(k) provider.Plan transfers | $100 | $500 - $750 | $500 - $750 | $750 |
| Plan As retirement plan regulations change, the IRS will mandate restatements when the importance and number of these addendums become significant. These typically have occurred every 5 – 10 years. A 401(k) Plan Restatement is the process in which a third party administrator revises all Plan documents to incorporate all new IRS regulatory additions of retirement plans.Restatement required by IRS due to regulation changes (infrequent) | Fee will vary based upon requirements mandated by the IRS. The last restatement price was $100. | Fee will vary based upon requirements mandated by the IRS. The last restatement price was $400. | Fee will vary based upon requirements mandated by the IRS. The last restatement price was $400. | Fee will vary based upon requirements mandated by the IRS. The last restatement price was $400. |
| In the event of death, disability or retirement of an employee, this fee is paid by the Employer. All other forms of distribution are paid by the employee.Distribution Benefits for death, disability or retirement | $50 | $50 | $50 | $50 |
| Manual conversion of data (electronic conversion is included at no charge) | – | $10/participant; $500 minimum | $10/participant; $500 minimum | $10/participant; $500 minimum |
| IRS compliance testing for plans that exclude some forms of employee pay, such as bonuses, commissions or overtime.414(s) Compensation Ratio testing | – | – | $225/hour | $225/hour |
| This may be an option to pass compliance testing for those that fail the standard coverage ratio test. These tests measure eligible employees use and access to 401(k) benefits and determine to what extent highly compensated employees and owners can contribute to the plan.Average Benefits testing | – | – | $225/hour | $225/hour |
| IRS compliance testing for a company with multiple businesses, and 401(k) plans serviced by different 401(k) providers.Multiple business/plan testing | – | $225/hour, if outside plan data is included | $225/hour, if outside plan data is included | $225/hour, if outside plan data is included |
| Extra hours beyond the three included with a Tiered Profit Sharing 401k would typically only be incurred if a company wants to run many scenarios in considering alternate Advanced Profit Sharing options.Age-weighted or New Comparability Contribution Calculations with cross-testing | – | – | – | $225/hour, beyond the first 3 included hours |
ShareBuilder 401k Investment Options
Our selections are index-based investments called Exchange-Traded Funds (ETFs). These market-efficient products offer low expense ratios and diversification. In our 401(k)s, you can purchase and trade ETFs with no transaction fees!
The following chart illustrates annual expense ratios on our ETF selections:
| Equity Funds | |||
|---|---|---|---|
| Symbol | Fund | Category | Expense Ratio |
| SPY | SPDR S&P 500 ETF Trust | Large-Cap Blend | 0.10% |
| IWF | iShares Russell 1000 Growth Index | Large-Cap Growth | 0.20% |
| QQQ | NASDAQ 100 Trust Shares | Large-Cap Growth | 0.20% |
| DIA | SPDR DJIA Trust | Large-Cap Value | 0.17% |
| IWD | iShares Russell 1000 Value Index | Large-Cap Value | 0.20% |
| KLD | iShares KLD Select Social Index | Large Blend | 0.50% |
| MDY | SPDR S&P Midcap 400 ETF Trust | Mid-Cap Blend | 0.25% |
| DVY | iShares Dow Jones Select Dividend Index | Mid-Cap Value | 0.40% |
| IWM | iShares Russell 2000 Index | Small-Cap Blend | 0.20% |
| Fixed Income Funds | |||
| Symbol | Fund | Category | Expense Ratio |
| IEF | iShares Barclays 7-10 Year Treasury | Intermediate-Term Government Bond | 0.15% |
| BND | Vanguard Total Bond Market | Intermediate-Term Bond | 0.11% |
| TIP | iShares Barclays TIPS Bond | Inflation Protected Bonds | 0.20% |
| SHY | iShares Barclays 1-3 Year Treasury Bond | Short-Term Government Bond | 0.15% |
| BWX | SPDR Barclays Capital International Treasury Bond | World Bond | 0.50% |
| PCY | PowerShares Emerging Markets Sovereign Debt | Emerging Markets Bond | 0.50% |
| Specialty Funds | |||
| Symbol | Fund | Category | Expense Ratio |
| VNQ | Vanguard REIT ETF | Real Estate | 0.12% |
| VWO | Vanguard Emerging Market ETF | Diversified Emerging | 0.22% |
| VEA | Vanguard Europe Pacific ETF | Foreign Large Blend | 0.15% |
| DBC | PowerShares DB Commodity Index | Commodities Broad Basket | 0.85% |
| IAU | iShares Gold Trust | Commodities Precious Metals | 0.25% |
| Stable Value Funds | |||
| Symbol | Fund | Category | Expense Ratio |
| BDMXX | RBB Fund, Inc: Money Market Portfolio | Money Market | – |
Diversification does not guarantee a profit or protect against market losses.
ETF Investors: You should carefully consider an exchange-traded fund's investment objectives, risks, charges and expenses before investing. For this and other important information please review the fund's prospectus, available from the fund sponsor or from our ETF prospectus page. Please read the prospectus carefully before investing.
Although the money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. An investment in the money market fund is not a deposit in a bank, and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.