LEBANON, N.J.--(BUSINESS WIRE)--Steidle Pension Solutions, LLC (“SPS”), a third party administration firm (“TPA”) dedicated to low cost 401k administration in the small plan market, has announced its 2018 and 2019 401k and Profit Sharing Plan administration fee schedule. Businesses using SPS 401k TPA services will pay either $600 or $900 for full service administration depending on the plan design. This announcement marks a continuation of a pricing policy in place since 2010.
“More often than ever, a straight forward fee structure for 401k administration 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 J. Steidle, QKA, CRPS, REBC, the firm’s Managing Director, in a September interview.
“SPS is excited to expand our partnerships with advisors and investment professionals all across the nation. Our service oriented approach aimed at delivering quick and detailed responses to all requests and inquires is well received by Plan Sponsors and their Advisors alike,” said Keith Steidle.
SPS comprehensive 401k administration services include testing, calculations, plan valuation, document services, Form 5500 preparation and other services needed to effectively and efficiently operate a plan. SPS provides administration and actuarial services for Cash Balance and Defined Benefit plans as well.
For more information regarding Steidle Pension Solutions, LLC, please visit www.sps401k.com or call 1.800.630.401K (4015).