We want a 401(k) plan to be available to all businesses regardless of size, and so we have priced our plans to be very affordable. Our starter plan costs just $9/particpant/month with no base fee, no AUM fee, and no setup fee. Larger plans include a $29/month base fee, with a small AUM fee, but offer discounts for plans with 50+ participants. We charge no setup, document, administration, filing or termination fees.
For example, if you have 10 employees and 6 of those employees have a balance and/or are contributing, the employer would pay $54 a month for the 401(k) plan and $648 a year.
*Keep in mind with the new SECURE Act law you can claim a 50% tax credit for three years on those costs related to your 401(k) Plan. That would put the annual costs with the above example to $324.