LEBANON, N.J.--(BUSINESS WIRE)--Steidle Pension Solutions, LLC (“SPS”), a company dedicated to low cost 401k administration, has announced its 2016 401k and Profit Sharing Plan administration fee schedule. Most businesses using SPS administration services will pay either $600 or $900 for full service administration depending on the Plan design. This marks the fifth consecutive year of the same pricing mode.
“Working with small business owners has taught us that a straight forward fee structure works best. Our fee is all-inclusive, so the business owner is never surprised by a separate bill for a service he or she didn’t even know was needed,” said Keith Steidle, the firm’s Managing Director earlier this week.
SPS comprehensive services include testing, calculations, Plan Valuation, Document Services, Form 5500 preparation and other services needed to effectively and efficiently maintain a Plan.
“It doesn’t matter what the other expenses in a 401k Plan may be, if a business cannot afford the out of pocket costs to maintain a Plan, then workers will not have an excellent opportunity to save for their retirement. We are helping many businesses who might not otherwise be able to have a Plan for their employees, to do so, and to do so affordably,” said Steidle.
Keith Steidle and Steidle Pension Solutions, LLC are proud supporters of the Hunterdon Habitat for Humanity and the Josh Gonder Foundation.
For more information regarding Steidle Pension Solutions, LLC, please visit www.sps401k.com or call Tori Benjamin at 1.800.630.401K (4015).