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The full Annual Administration fee applies to the first plan year regardless of when during the year the plan is established.
In the first plan year only, there will be both a Plan Setup fee and an Annual Administration fee.
Call Dedicated Defined Benefit Services
toll free at:
Monday - Friday,
9:30am-8pm ET
Defined Benefit Plan |
Defined Benefit Plan + 401(k) |
Individual 401(k) |
Set Up Fee - First Year Only $1200 + $50 per participant (including Owner) Annual Administration Fee - Including First Year $1600 + $100 per participant (including Owner) |
Set Up Fee - First Year Only $1450 for Business Owner Annual Administration Fee - Including First Year $2250 for Business Owner |
Set Up Fee $200 Annual Administration Fee - Including First Year $550 for Business Owner |
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Services Provided for Defined Benefit Plan
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Services Provided for 401(k) Plan:
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Takeover of an Existing DB Plan |
$650 |
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DB Participant Rollover |
$125 |
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DB Participant Loans |
$100 + $60/year |
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Basic DB Plan Amendment |
$175 |
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DB Contribution Redesign |
$375 |
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Pension Benefit Guaranty Corporation (PBGC) Premium (if required) |
$295 |
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Employee Distributions |
$175 per termination |
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DB Plan Termination Services |
$1000 with no IRS submission |
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PBGC DB Plan Termination Services |
$1900 with no IRS submission |
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Special IRS Forms |
$195 |
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Special Requests |
$195 per hour |
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Note: The Annual Administration fee is billed on a quarterly basis. Shortly after establishing the plan, your client will receive an invoice that will bring the plan current with the quarterly billing cycle for the current year.
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Copyright 2001-2012 Dedicated Defined Benefit Services LLC. All rights reserved.
OnePersonPlus® is a registered trademark of Leaffer Shapiro LLC.