Creating Value

RETURN OF FEES

Unlike other programs, the American 401k program does not accept sub-transfer agent fees (sub-TAs) from mutual fund companies as payment for recordkeeping or for marketing specific investments.  Instead, we forward sub-TA amounts back to the employer where they can then be used to reduce plan cost or distributed directly to plan participants.  Because sub-TA amounts can add up, the savings are often substantial over time.

The American 401k offers employers a low cost alternative for a complete-solution program with full service administration and recordkeeping. We provide customization capabilities to fit in with any plan design while delivering the highest quality client service. This is an exciting program that simplifies the open architecture world of fund selection and brings it all together in one low cost package!

This is an overview of the administration fee schedule. VIEW FULL FEE SCHEDULE IN .PDF  There are two sets of expenses on a 401k including administration fees: the fees that you are billed for day-to-day operations, contribution and distribution processing, documents, record keeping, and tax forms, and the investment fees: all fees associated with the investing of plan assets. With the American 401k, there are no hidden fees! Fees for each are summarized as follows:

Note: For new retirement plans, there is a tax credit equal to 50% of the cost to set up and administer the plan and educate employees about the plan, up to a maximum of $500 per year for each of the first 3 years of the plan. Here is the detail of the tax credit: http://www.401khelpcenter.com/401k/small_business_tax_credit